Philippe Besnier is a Research Assistant in the Financial Markets Department at the Bank of Canada. Philippe holds a Bachelor of Commerce from the Smith School of Business at Queen's University.
Staff analytical notes
The Canadian non-bank financial intermediation (NBFI) sector saw strong growth in 2018 and 2019. In 2020, COVID‑19 caused a financial shock. We provide a preliminary analysis on the impact of COVID‑19 on the sector as well as an update on its growth.