Which of these is true of the Canadian banking system?

a. It consists mainly of small, local banks; it is consistently ranked as one of the worlds best banking systems.

b. It is well-regulated by a number of government agencies; it is considered a moderately sound banking system.

c. It is only slightly regulated by a number of government agencies; it is considered a moderately sound banking system.

d. It was created as a system of large financial institutions; it is consistently ranked as one of the worlds best banking systems.