Definition

Business Development Bank of Canada (BDC)

Definition for Business Development Bank of Canada (BDC). Every fact below is a verbatim quote from a real document we have stored. ↩ See the full Record

Business Development Bank of Canada (BDC) — The Bank of Canada made a conditional commitment on April 21, 2009

Supporting facts
  • QE was transferring an enormous sum of wealth to those who have financial assets, while diluting the wages of working class people
  • Bank of Canada QE peak was ~$400B