Who are the biggest borrowers and lenders in Canada, respectively?
A)government and households
B)government and banks
C)banks and mutual funds
D)Crown corporations and banks

Question

Quizplus · Accepted Answer

The biggest borrowers in Canada are governments (federal, provincial, and municipal) due to their need to finance public spending and investments. Households are the biggest lenders through their deposits and investments in banks and other financial institutions.

Who Are the Biggest Borrowers and Lenders in Canada, Respectively