Since the global crisis of 2008, consolidation and change have redefined the major players in the Canadian leasing industry. As with other types of financial services, the leasing industry was trying to understand a situation few had predicted and none could navigate with certainty. Banks and credit unions have gained market share at the expense of independent and foreign lessors. In this article, Alta’s Hugh Swandel explains how those changes occurred and what they may portent. The article appears in the latest issue of the Journal of Equipment Lease Finance (JELF), a publication of the Equipment Leasing & Finance Foundation. Click here to read the full article.
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