Canada's Banking Regulator, the Office of the Superintendent of Financial

question 245

True/False

Canada's banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), has been more conservative than banking regulators in other countries, which is attributed to the lower leverage of Canadian banks and is one reason why Canada did not have a housing bubble and banking crisis in 2008.

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Definitions:

Inequality

A mathematical statement that shows the relationship between two expressions that are not equal, using symbols such as <, >, ≤, or ≥.

Real Line

The real line refers to a one-dimensional space where every point represents a real number, stretching infinitely in both positive and negative directions.

Inequality

A mathematical statement that compares two values, showing that one is greater than, less than, or not equal to the other.

Real Number Line

The real number line is a visual representation of all real numbers in a linear arrangement where each point corresponds to a unique real number.