For example, an institution will lease a certain number of cars to people. Somewhere along the way, all of these car leases are securitized, which allows them to obtain cash. That market has disappeared.
President and Chief Executive Officer, Business Development Bank of Canada
For example, an institution will lease a certain number of cars to people. Somewhere along the way, all of these car leases are securitized, which allows them to obtain cash. That market has disappeared.
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