A bank run is unlikely to occur in Canada today because,

Question

Quizplus · Accepted Answer

The central bank (Bank of Canada) has the ability to provide reserves to commercial banks if needed to prevent a bank run. This is known as lender of last resort function. The other options are not accurate - commercial banks are not required to maintain 100% of their deposits in cash, there is still significant demand for cash, government securities are not equivalent to cash, and while electronic banking is prevalent, it does not prevent the possibility of a bank run in extreme circumstances.

A Bank Run Is Unlikely to Occur in Canada Today