00000nam 2200000zi 4500 9.956193 CaOODSP 20251010123344 m o d f cr cn||||||||| 251009e20210519onc ob f000 0 eng d CaOODSP eng rda CaOODSP n-cn--- YM32-10/2015-51-2021E-PDF Stuckey, Brett, author. How the Bank of Canada creates money through its asset purchases / revised by Brett Stuckey. [Revised 19 May 2021]. [Ottawa] : Library of Parliament = Bibliothèque du Parlement, 19 May 2021. ©2021 1 online resource (ii, 4, ii pages). text txt rdacontent computer c rdamedia online resource cr rdacarrier HillStudies : in-depth reads on Canadian topics ; publication no. 2015-51-E Cover title. Issued also in French under title: Le pouvoir de création monétaire de la Banque du Canada par l'intermédiaire de l'achat d'actifs. "[P]repared by Parliamentary Information, Education and Research Services, ..."--About this publication. Includes bibliographical references (pages 3-4). "Money is created in the Canadian economy in two main ways: through private commercial bank loans or asset purchases, and through the Bank of Canada's asset purchases. The majority of money in the economy is created by commercial banks when they extend new loans, such as mortgages. However, with the Bank of Canada's unprecedented asset purchases to reduce the negative impacts of the COVID-19 pandemic on the Canadian economy and to bring inflation back up to target, greater attention has been paid to the Bank of Canada's money creation and its impact on inflation. An examination of the differences between these two methods shows that money creation through asset purchases by the Bank of Canada is essentially an internal government process, mostly limited by inflation. The examination concludes that external factors, like financial market dysfunction, cannot cause the federal government to run out of money"--Executive summary, page ii. Bank of Canada. Demand for money Canada. Money supply Canada. Purchasing power Canada. Inflation (Finance) Canada. COVID-19 Pandemic, 2020-2023 Economic aspects Canada. Canada. Parliamentary Information and Research Service, issuing body. Le pouvoir de création monétaire de la Banque du Canada par l'intermédiaire de l'achat d'actifs / (CaOODSP)9.956199 How the Bank of Canada creates money for the federal government [10 August 2015 edition] (CaOODSP)9.808027 HillStudies (Canada. Library of Parliament) no. 2015-51-E. (CaOODSP)9.955653 PDF 2.26 MB https://publications.gc.ca/collections/collection_2025/bdp-lop/ym32-10/YM32-10-2015-51-2021-eng.pdf HTML N/A https://lop.parl.ca/sites/PublicWebsite/default/en_CA/ResearchPublications/201551E