WATCH ▶️ Watch this episode on YouTube ***   EPISODE DESCRIPTION In this episode, Bekim is again joined by Chris Colasanti. Chris is a founding team member of Rocket Mortgage Canada and the VP of Strategy & Analytics and Rocket Pro at Rocket Mortgage Canada from Windsor, Ontario. A graduate of the Lazaridis School of Business & Economics, Chris has brought an innovative and energetic demeanor as well as a passion for technology and data driven decision making to Rocket Mortgage Canada since 2020.   Chris is here to discuss:→ Why it's so hard to start a lender in Canada, including: Canada's oligopolistic banking structure, the "big six", creating barriers for new entrants, slow regulatory changes, and the difficulty of scaling with high capital requirements & tighter margins.→ The differences between the Canada and US lending industries like technology and unit economics, and how Canada's risk-averse culture is becoming detrimental to innovation and economic growth.→ The lessons learned from Rocket Mortgage Canada's journey, the enduing spirit of the team and building a strong culture, and the importance of innovators carrying the torch forward.   Chris's 1st Lending Thoughts Appearance: www.lendingthoughts.com/e/11-chris-colasanti   Chris Colasanti's LinkedIn: @ChrisColasanti ***   CONNECT WITH THE SHOW 🎙️ Lending Thoughts Podcast: @lendingthoughts 📺 Lending Thoughts Podcast YouTube: @LendingThoughtsPod 📸 Lending Thoughts Podcast Instagram: @lendingthoughtspod ⏰ Lending Thoughts Podcast TikTok: @lendingthoughtspod 👥 Lending Thoughts Podcast Facebook: @LendingThoughtsPodcast ***   CONNECT WITH BEKIM 📸 Bekim Merdita's Instagram: @bekim_merdita 📋 Bekim Merdita's LinkedIn: @BekimMerdita ***   CONNECT WITH ROCKET PRO CANADA 🔗 Rocket Pro Canada Website: www.rocketpro.ca 📸 Rocket Pro Canada Instagram: @rocketprocanada 📋 Rocket Pro Canada LinkedIn: @RocketProCanada 👥 Rocket Pro Canada Facebook: @RocketProCanada ***