Cyclicality of SME Financing in Canada, May 2014
Small Business, Tourism and Marketplace Services
This paper quantifies and assesses the relationship between the business cycle, as measured by the output gap, and chartered bank loans to small, medium-sized and large businesses using aggregate data from the Bank of Canada's Banking and Financial Statistics Database combined with National Account and financial market data covering the 1988 to 2012 period.
Format: HTML, PDF
Catalogue number: Iu188-114/2014E-PDF
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