Bio

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.

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Staff analytical notes

Non-bank financial intermediation in Canada: a pulse check

Staff Analytical Note 2021-2 Rohan Arora, Guillaume Bédard-Pagé, Philippe Besnier, Hayden Ford, Alan Walsh
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.
Content Type(s): Staff research, Staff analytical notes Topic(s): Coronavirus disease (COVID-19), Financial institutions, Financial markets, Financial stability JEL Code(s): G, G0, G01, G2, G20, G23

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