That's yearly versus total balance sheet. Also, on a bank loan there would be ten-to-one leverage. On a securitization there would be twenty-to-one leverage. On venture capital there's zero leverage.
On May 21st, 2013. See this statement in context.
On May 21st, 2013. See this statement in context.
May 21st, 2013 / 4:35 p.m.
Executive Vice-President, Venture Capital, Montreal, Business Development Bank of Canada
That's yearly versus total balance sheet. Also, on a bank loan there would be ten-to-one leverage. On a securitization there would be twenty-to-one leverage. On venture capital there's zero leverage.
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