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Public Banks | Queen's University Gazette


Wednesday February 17, 2021
By David McDonald, Professor, Global Development, and Thomas Marois, Senior Research Fellow Patient Finance and Banking, Institute for Innovation and Public Purpose, UCL
Public banks around the world are working towards the public good during COVID-19. The Canada Infrastructure Bank, however, seems focused on privatizing critical public services instead of ensuring vital infrastructure across the country is built or maintained. (Unsplash/ C Dustin)
Most Canadians could be forgiven for not knowing what a public bank is. We do have some the Alberta Treasury Branch, the Business Development Bank, the Export Development Canada and the Canada Infrastructure Bank but they are relatively low profile and have narrow mandates. ....

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