Examples of crown finance companies are ________.

Question

Quizplus · Accepted Answer

Crown finance companies are entities that are owned or controlled by the government and engage in financial activities. Farm Credit Canada and Export Development Canada are both examples of crown finance companies as they are both 100% owned by the Canadian government and provide financial services to support the agriculture and export industries respectively. The Bank of Canada and the Office of the Superintendent of Financial Institutions Canada are regulatory bodies for financial institutions rather than finance companies, while the Canada Deposit Insurance Corporation is a federal agency that provides deposit insurance to protect depositors in case of a bank failure, rather than a finance company.

Examples of Crown Finance Companies Are ________