Viewing a single comment thread. View all comments

vrenak t1_j32acf3 wrote

Maybe smaller canadian communities should look into banding together to set up some form of service company, not to make a profit, just owned by hundreds of little towns and villages, pay into it by the head, own it by the head, and then just let them provide internet, tv, phone, banking services, etc. At just enough above cost to save up for future investments, and just price the competition out of the market they don't want to serve anyways. And locals can vote on how much they want to subsidise themselves to get better service.

1

NotBettyGrable t1_j32bbwe wrote

Well we have credit unions which fit the bill. I'm not sure why they aren't more popular. Advertising spaces in Canada, of all sorts, are just plastered with the big banks. Free iPad if you open an account type of things. I suspect it works, but am not sure.

3

jamar030303 t1_j32u3g3 wrote

The other thing the big banks have going for them is Visa/MasterCard on debit. Credit unions generally don't offer that; your debit card will typically be Interac only, which means it's only good for shopping at physical stores in Canada and the US.

1