Despite strong post‑crisis growth in assets, non-bank financial intermediation's share of outstanding private debt has declined or remained steady https://www.bankofcanada.ca/?p=219897 Non-bank credit intermediation (right scale) Securitization (right scale) % of total credit (left scale) 18.041.66.8 100.56.913.0 35.921.052.7 59.414.842.9 32.097.529.3 15.1167.722.3