Canada's Approach to Financial Regulation

Edwin H. Neave

Canadian Public Policy, 1989, vol. 15, issue 1, 1-11

Abstract: This paper discusses aspects of designing appropriate financial regulation for Canada. It outlines a theory of financial system organization and uses it to assess recent legislative actions and proposals. The paper argues that current and proposed regulation incorporates too many constraints and does not provide for sufficient information dissemination. Nor does it in all cases provide appropriate incentives for improved system functioning.

Date: 1989
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