Banking Challenges and Controversies

This chapter explores the difficulties banks face when integrating systems after acquisitions, with a focus on anti-money laundering processes and their impact on clients seeking mortgages. The discussion critiques past banking scandals, including the creation of fake accounts, and underscores the consequences of such fraudulent activities. Additionally, it highlights the connection between immigration policies, the housing crisis in Canada, and the labor market challenges, while questioning the government’s effectiveness in addressing these issues.