Economic Impact of Financial Institution Closures to Rural Communities

Proj. #:4786
Description: Within the last six months, two townships in the County of Peterborough have been served noticed that the sole financial institution in the community will be closing its doors (TD in Millbrook and RBC in Apsley). This project will study the social, business, and economic challenges faced by residents of rural communities when they are left without a banking institution, as well as possible responses to these challenges.