Which of the following are the largest financial intermediaries in the Canadian economy?

Question

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Banks are the largest financial intermediaries in the Canadian economy. They hold a significant percentage of financial assets and are responsible for providing loans and other financial services to individuals and businesses. While insurance companies, finance companies, and mutual funds also play important roles in the financial intermediation process, they do not hold as much influence or assets as banks do.

Which of the Following Are the Largest Financial Intermediaries in the Canadian