OTTAWA—It’s time for the “shadow banking” system to come out of the closet and be regulated, just as the banks are, says a report released today by the Canadian Centre for Policy Alternatives (CCPA).
“The recent financial meltdown worldwide has been the result of a failure to recognize the basic instability of this new near-banking system,” says co-author Doug Peters, former Secretary...
CCPA not only does first-rate research; it also connects with the real world by putting powerful information in the hands of advocacy groups and by presenting intelligent, progressive ideas in the media. It is a BC jewel and I urge everyone to support it.