Banking Consolidation in Canada Will Result in ________

question 63

Multiple Choice

Banking consolidation in Canada will result in ________.

• A) an increased number of small banks
• B) an increase in bank size
• C) a reduction in bank size
• D) elimination of small banks

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Definitions:

Debt Financing

A method of raising capital through borrowing money from lenders or issuing bonds, to be repaid over time with interest.

Entrepreneurship

The process of designing, launching, and running a new business, often initially a small business.

Angel Investor

A wealthy individual willing to invest in a new venture in return for an equity stake.

Equity

The value of an ownership interest in property, including shareholders' equity in a corporation, representing assets minus liabilities.