08/20/2026
Private credit—business loans made by non-bank lenders—has expanded rapidly worldwide, but for Canadian businesses, it remains a stable and relatively limited source of funding. Canadian asset managers, however, are actively participating in private credit globally, creating exposures that could matter for financial stability in Canada.
Private credit—business loans made by non-bank lenders—has expanded rapidly worldwide, but for Canadian businesses, it remains a stable and relatively limited source of funding. Canadian asset managers, however, are actively participating in private credit globally, creating exposures that could...