Rick Waugh

Rick Waugh

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Rick Waugh is a former CEO of Scotiabank and a prominent figure in Canadian banking, known for his insights on the financial sector and regulatory challenges. He has expressed concerns about the increasing regulatory burden on banks in Canada, arguing that over-regulation can be detrimental to the industry and the economy, particularly affecting the ability of Canadians to access affordable housing.

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Rick Waugh is a former Scotiabank CEO who reflects on the dangers of leaving banking to regulators.

Can’t afford a home? Blame our banking regulator
The Globe and Mail·CanadaCanada· 2026-02-09
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