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An Historical Perspective
A Contemporary View and Future Perspective
An Empirical Description of Canadas Financial System
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activity amount arbitraging arrangements balance Bank of Canada Bank's Bankers bonds borrowing brokers Canada's financial system Canadian banks Canadian dollar Canadian Payments Association cash reserves changes Chapter chartered banks cheques clients competition corporate costs countries credit cards dealers demand for money deposits discussed domestic earnings economic effects Equation equity Eurocurrency example exchange rate financial flow accounts financial institutions financial intermediaries financial markets financial transactions firms foreign currency foreign exchange markets functions future futures contracts important income increase informational asymmetries instruments insurance companies interest rates intermediation international banking investment investors issues legislation lenders lending liabilities liquidity long-term million monetary policy money market money supply mortgage loan operations options outstanding payments system portfolio private sector profit purchase regulation relatively reserve requirements risk savings scale economies securities sell short-term Source Statistics Canada Stock Exchange Table term trading treasury bills trust companies usually