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Joe Martin on "From Wall Street to Bay Street: The Origins and Evolution of American and Canadian Finance"

3:15-3:59pm check-in; 4:00pm sharp to 5:00pm book talk; 5:00-5:10pm book sale

Event Details

Speaker Series

Date: Monday December 10, 2018 | 04:00 PM - 05:00 PM
Speaker(s): Joe Martin, Director - Canadian Business and Financial History Program, Rotman School of Management, U of Toronto; President Emeritus, Canada’s History Society; Author

Opening Remarks By: Anthony Fell, former Chairman and CEO, RBC Dominion Securities
Topic: "From Wall Street to Bay Street: The Origins and Evolution of American and Canadian Finance" (by C. Kobrak and J. Martin, Rotman-UTP Publishing, 2018)
Venue: Career Centre Lounge (Second Floor, North Building) | map
Rotman School of Management, U of Toronto,
105 St George Street
Location: Toronto
Cost: $34.95 plus HST per person (includes 1 paperback copy of "From Wall Street to Bay Street" and 1 seat for the talk).
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BOOK SYNOPSIS: The 2008 financial crisis rippled across the globe and triggered a worldwide recession. Unlike the American banking system which experienced massive losses, takeovers, and taxpayer funded bailouts, Canada’s banking system withstood the crisis relatively well and maintained its liquidity and profitability. The divergence in the two banking systems can be traced to their distinct institutional and political histories. From Wall Street to Bay Street is the first book for a lay audience to tackle the similarities and differences between the financial systems of Canada and the United States. Christopher Kobrak and Joe Martin reveal the different paths each system has taken since the early nineteenth-century, despite the fact that they both originate from the British system. The authors trace the roots of each country’s financial systems back to Alexander Hamilton and insightfully argue that while Canada has preserved a Hamiltonian financial tradition, the United States has favoured the populist Jacksonian tradition since the 1830s. The sporadic and inconsistent fashion in which the American system have changed over time is at odds with the evolutionary path taken by the Canadian system. From Wall Street to Bay Street offers a timely and accessible comparison of financial systems that reflects the political and cultural milieus of two of the world’s top ten economies.

SERIES HOST: Canadian Business and Financial History Program at Rotman

SESSION CO-HOST:
CBHA

Canadian Business History Association (CBHA/ACHA)

QUESTIONS: events@rotman.utoronto.ca, Megan Murphy (416) 978-6122



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