The increase in leverage is illustrated by the decline in the median equity to assets ratio of the largest listed EU banks to only just over 3% by 2008 from around 6% in the late 1990’s. The increases in bank sizes and bank lending were not matched by an equivalent increase in market-based financial intermediation.
With every mouse click or turn of a book’s page, with every kitchen table discussion or classroom debate, Canadians learned more about the women who built Canada. We received more than 26,300 submissions, resulting in 461 eligible candidates. Then we turned it over to an independent Advisory Council.