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Sociologist John Porter once observed that only those of British and French ethnic ancestry were significantly and fairly represented in the Canadian bureaucracy. What measures have been taken to increase the representativeness of the bureaucracy and to what degree have they been successful?
Financial Lease
A financial lease is a lease agreement where the lessee assumes both the ownership risks and rewards of the leased asset, typically for its useful life.
Operating Lease
A lease agreement allowing the use of an asset without ownership, typically with lower monthly payments and shorter terms than a capital lease.
Off-Balance Sheet Financing
Financial obligations not recorded on the balance sheet of a company, used to keep debt levels low from a reporting perspective.
Financial Leverage
The use of borrowed funds in order to amplify returns from an investment.
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