We granted a large volume of loans in 2020 and 2021 to help businesses get through the tough time, particularly in 2020. Private financing fell in Canada, but public financing rose, and the BDC was part of that solution.
Vice-President, Research and Chief Economist, Business Development Bank of Canada
We granted a large volume of loans in 2020 and 2021 to help businesses get through the tough time, particularly in 2020. Private financing fell in Canada, but public financing rose, and the BDC was part of that solution.
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