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ISBN: 9781773634784-11

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Canadian Banks in Latin America and the Caribbean

Part Two: Dispossession Abroad

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From: Capitalism and Dispossession

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In Chapter 11, authors David P. Thomas and Tyler Shipley examines the history of Canadian bank’ international expansion as one of the most significant examples of Canadian corporate activity abroad. The chapter discusses topics including the role of the “big five” Canadian banks (Royal Bank of Canada, TD Bank, Bank of Montreal, Scotiabank and the Canadian Imperial Bank of Commerce) in generating profits for Canadian interests abroad, Canadian banks’ expansion into this region’s connections to historical colonialism and imperialism and the influence of neoliberalism and the World Bank, and in particular Scotiabank in Latin America and the Caribbean.

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Contributors

David P. Thomas

David P. Thomas is an associate professor in the Department of Politics and International Relations at Mount Allison University. His core area of research and teaching is focused on the role of Canadian actors — corporations, ngos, the Canadian state — in the Global South. Dave is the author of Bombardier Abroad: Patterns of Dispossession (Fernwood, 2018).

Tyler Shipley

Tyler Shipley is a professor of society, culture and commerce in the Department of Liberal Studies at Humber College Institute of Technology and Advanced Learning. In 2020 he published a book with Fernwood entitled Canada in the World: Settler Capitalism and the Colonial Imagination.