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Wealthsimple is starting to look like Canada’s next big bank(www.theglobeandmail.com)

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Affaires de Piasses@lemmy.caM
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personalfinancecanada@lemmy.ca
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SkepticalButOpenMinded@lemmy.ca
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Canadian banks definitely could use the competition. But I wish we nurtured markets with many smaller competitors in this country instead of big oligopolies.

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Affaires de Piasses@lemmy.caOPM
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There are quite a few competitors in retail banking, like EQ Bank, Alterna Bank, motus, …

But none of them have achieved a critical size IMO, especially when compared to WS.

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