Key Stumbling Blocks to Global Free Trade Learning Objectives: You will understand the importance of free trade and the transition to a globalized economy in Canada. You will be familiar with the topics of free trade, NAFTA, protectionism, (WTO/GATT, World Bank, IMF), trade wars, comparative advantage (Ricardo, Smith and Hume) and supply management in Canada. Readings: Relentless Change: The Challenging pp. 243-260 AND Wine Industry, pp. 265-283 (FTA) (NAFTA) WEEK 11 (July 16 & 17): Canadian Financial Institutions: the last 50 years What is a Central Bank? The Bank of Canada Monetary Policy Key Differences between US and Canadian Banking Systems How Canadian Avoided the Mortgage Crisis Confederation Life RBC The Bank Mergers and Big to Fail” “Too Learning Objectives: You will understand the rationale for central banks and the history of the Bank of Canada. You will know what monetary policy is and why it matters. You will understand the financial services industry, one of the key industries of any country. You will understand the complex relationship between predatory government’ and the financial system. You will understand the role of ‘non regulation in Canadian financial industries and ultimately, in the whole economy. Readings: CASE: CONFEDERATION LIFE, PP. 286-301 AND RBC, PP.303-317 AND CONCLUSION, PP. 340-355
Key Stumbling Blocks to Global Free Trade Learning Objectives: You will understand the importance of free trade and the transition to a globalized economy in Canada. You will be familiar with the topics of free trade, NAFTA, protectionism, (WTO/GATT, World Bank, IMF), trade wars, comparative advantage (Ricardo, Smith and Hume) and supply management in Canada. Readings: Relentless Change: The Challenging pp. 243-260 AND Wine Industry, pp. 265-283 (FTA) (NAFTA) WEEK 11 (July 16 & 17): Canadian Financial Institutions: the last 50 years What is a Central Bank? The Bank of Canada Monetary Policy Key Differences between US and Canadian Banking Systems How Canadian Avoided the Mortgage Crisis Confederation Life RBC The Bank Mergers and “Too Big to Fail” Learning Objectives: You will understand the rationale for central banks and the history of the Bank of Canada. You will know what monetary policy is and why it matters. You will understand the financial services industry, one of the key industries of any country. You will understand the complex relationship between ‘non predatory government’ and the financial system. You will understand the role of regulation in Canadian financial industries and ultimately, in the whole economy. Readings: CASE: CONFEDERATION LIFE, PP. 286-301 AND RBC, PP.303-317 AND CONCLUSION, PP. 340-355