Lessons learned from North America’s largest public bank

Parkland Institute report

Photo courtesy Parkland Institute

 

Mark Anielski and Bob Ascah of the Parkland Institute post a new report from Canada:

“Alberta Treasury Branches (ATB) has grown into North America’s largest public bank, seven times larger in terms of assets (loans) than its peer, the Bank of North Dakota. … This report traces the origins and history of this government-owned institution and draws out important lessons from this experience. We then consider the role of public banks within the framework of the role of money and banking in a modern economy. Drawing from this, we put forth a number of policy recommendations that we feel should be considered of strategic value to Alberta’s financial and economic future.”

[Read the full report]

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