Trump pressures Canada on banking regulations, pushing for changes to ease foreign entry.

U.S. President Donald Trump has raised concerns about barriers to entry in Canada's banking sector, potentially making it a key issue in upcoming trade talks. While foreign banks are allowed to operate in Canada, they face significant challenges in gaining market share, leading to debates about easing regulatory barriers to boost competition and innovation. Canada is considering changes to support a more competitive market structure, which could signal a shift in its banking regulations influenced by Trump's stance.

6 weeks ago
4 Articles