It’s funny how very little we know about the Canadian banking system! Be it for a mortgage, car loans or credit card purchases, the banks are literally the back bones to our economy yet on an individual level most of us hardly understand how they work!
Just the other day I was asking my friends a very basic question – “who owns a bank?” and sadly, none of us could answer with certainty. As serendipity would have it, the next day I came across a speech delivered by 12 year old Victoria. It’s a short video on how (inefficient) our system works and how we could improve it to give Canadians even more financial stability!
Check it out and be prepared to be blown away by what she has to say!