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Canada’s role in the global banking system (1970s – early 2020s)

2025· article· en· W4408780835 on OpenAlexaboutno aff
Л. В. Никитин

Bibliographic record

VenueLomonosov Geography Journal · 2025
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicBanking stability, regulation, efficiency
Canadian institutionsnot available
Fundersnot available
KeywordsBusiness

Abstract

fetched live from OpenAlex

On the basis of international and national statistical reports the article examines how Canada’s role in the global banking system has changed since the early 1970s until now. Throughout almost the entire period under study the country’s share in world banking assets, despite some fluctuations, exceeded its share in the world GDP. For many decades, the Canadian banking community managed to maintain a strong international position and overcome various economic crises, including the Great Recession of 2008–2009, without significant losses. The stability could be explained by the long-standing institutional features of the Canadian banking system (for example, practice of regular license renewal), as well as a fairly flexible combination of market freedom and government regulations during the period under review. Canada’s position in the rankings has changed as follows: being the sixth largest power in the global banking in 1970, the country went down to 12th position by the mid-1990s, but then began a new ascent, and returned to sixth place in 2020. Canada’s current share remains somewhat lower than in 1970, which could be explained by a significant increase in the number of countries operating at the global banking arena. Toronto is the undisputed leader in banking among Canadian cities; back in the late 1970s it got away from its main competitor (Montreal) against the challenging political events of that period. Currently, Toronto ranks sixth in the world in terms of the total assets of local banks. The next most important centers (Montreal, Levis and to some extent Edmonton) also enjoy a fairly great and stable prestige within the global banking system. Despite the dominance of Toronto, the continued independent role of these financial hubs gives additional stability to Canada’s banking community.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.004
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: Not applicable
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.106
Threshold uncertainty score0.769

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.004
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0040.007
Science and technology studies0.0050.002
Scholarly communication0.0080.002
Open science0.0010.002
Research integrity0.0010.002
Insufficient payload (model declined to judge)0.0090.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.007
GPT teacher head0.198
Teacher spread0.192 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designNot applicable
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2025
Admission routes1
Has abstractyes

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