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CIRO Daily Challenge — May 28, 2026 | EnCiro | EnCiro

Daily Challenge/May 28, 2026

🔥 Daily ChallengeCIREOverview of Canadian securities regulatory frameworkMedium

The Preamble of the Bank Act explicitly links the need for a strong and efficient banking sector to which national outcome?

2 attempts · 50% correct

Elimination of provincial trade barriers

Global market dominance

Canadian economic growth and prosperityCorrect

Reduced federal taxation

Why

Correct. The Preamble states that a strong/efficient banking sector is essential to Canadian economic growth and prosperity.

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