‘Banking deserts’ becoming a familiar problem across Canada
What happens to a community and its small businesses when all the banks close?
Why It Matters
Much like a food desert, a banking desert has a large impact on a community, affecting everything from both personal and small business loans to day-to-day transactions. Advocates say when banks move out of a community, there should be an obligation for them to provide some sort of in-person solution.
Future of Good journalism and events produce insightful analysis and knowledge you need to work and grow.
Read this article with a free account or explore membership options for unlimited access.
Already have an account? Sign in.
