Strengthening Banking in Inner-cities: Practices & Policies to Promote Financial Inclusion for Low-Income Canadians
Author: Jerry Buckland
Topic: Financial inclusion
Publisher: CCPA - Canadian Centre for Policy Alternatives
Location: Canada
Format: Report
Content Type: Research
Publication Date: March 31, 2008
The report begins by defining and quantifying Canadian financial exclusion and then presents various theories offered to explain it. It then proceeds to provide a set of suggestions as to how banking services can become more relevant for low-income households. Finally, it runs through a set of policy options that could promote financial inclusion. To provide evidence or examples, this paper draws on research on financial exclusion conducted in Winnipeg in the last five years.
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