Financial Sector Needs Overhaul to Stay Competitive

David Crane
Published: Wednesday, 08/01/2007 12:00 am EDT

Those tall skyscrapers at the corner of King and Bay in downtown Toronto are an important symbol of Canada's economy, a place where billions of dollars of savings are daily converted into mortgages, business loans, corporate bonds, shares in companies, venture capital for start-up companies and big infrastructure projects.

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