Tags: Canada | banks | world | soundest

Canada's Banks Ranked World's Soundest for Sixth Straight Year

Wednesday, 04 Sep 2013 04:00 PM


Canada’s banking system was ranked the world’s strongest for the sixth straight year by the World Economic Forum.

Canada’s banks received the No. 1 spot in the Geneva-based organization’s Global Competitiveness Report, which was released Wednesday. The report includes 148 countries.

“Having a strong and profitable banking system is the backbone of the Canadian economy,” Terry Campbell, president of the Canadian Bankers Association, said in a statement.

© Copyright 2015 Bloomberg News. All rights reserved.

Around the Web

Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.

You May Also Like
Around the Web
Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

© Newsmax Media, Inc.
All Rights Reserved