Financial Players

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Financial players is any organization that involved in the movement of financial products between capital suppliers and users. For many years, Canadian financial market is characterized by the concept of "four pillars".

The 4 pillars of Canadian Financial Players:

  Functions
Banks deposit taking and lending
Trust Companies financial fiduciary services
Insurance Companies insurance protection
Investment Dealers securities underwriting and trading
Other Financial Players Mortgage companies, pension plans, credit union

However, the distinction between these 4 pillars are eroding by the fast transforming of financial industry. The range of services and products offered by most of the financial players broadened, and M&A activities further spurred the disappreance of these distinctions.

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