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What the U.S. can learn from Canada's banking system

Posted

October 13, 2025

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FDIC data shows that the U.S. has nearly 4,500 banks. Canada has only 79 banks, according to the Canadian Bankers Association.

However, America’s banking industry is consolidating. FDIC-insured banks in the U.S. are down by nearly half since 2005.

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What the U.S. can learn from Canada's banking system · Cnbc · Sentinel