When We Say That the Canadian Banking System Is Fractional

When we say that the Canadian banking system is fractional reserve system, it mans:

A) chartered banks loan out only a small fraction of their deposits.
B) chartered banks have to keep a large percentage of their deposit to meet everyday cash withdrawals.
C) chartered banks loan out the entire deposits and do not have to meet their everyday cash withdrawal.
D) chartered banks keep cash equal to just a small percentage of their deposits to meet everyday withdrawals.