11 The Federal Reserve Bank of New York found that access to small business credit declines and the rates for small business loans increase as the distance between the bank and the borrower grows. 12 Similarly, the large majority of mortgage lending continues to be located in one or more of a bank’s delineated assessment areas--that is, near a physical branch.
I look forward to discussing all of this with all of you. Thank you. I would like to thank Gino Cateau and Grahame Johnson for their help in preparing this speech. 1 See T. Gravelle, "The Bank of Canada's market liquidity programs: Lessons from a  pandemic" (speech delivered to the National Bank Financial Services Conference, Montréal, Quebec, March 29, 2023).