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043 |an-cn---
0861 |aYM32-10/2015-51-2021E-PDF
1001 |aStuckey, Brett, |eauthor.
24510|aHow the Bank of Canada creates money through its asset purchases / |crevised by Brett Stuckey.
250 |a[Revised 19 May 2021].
264 1|a[Ottawa] : |bLibrary of Parliament = Bibliothèque du Parlement, |c19 May 2021.
264 4|c©2021
300 |a1 online resource (ii, 4, ii pages).
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aHillStudies : in-depth reads on Canadian topics ; |vpublication no. 2015-51-E
500 |aCover title.
500 |aIssued also in French under title: Le pouvoir de création monétaire de la Banque du Canada par l'intermédiaire de l'achat d'actifs.
500 |a"[P]repared by Parliamentary Information, Education and Research Services, ..."--About this publication.
504 |aIncludes bibliographical references (pages 3-4).
520 |a"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.
61020|aBank of Canada.
650 0|aDemand for money|zCanada.
650 0|aMoney supply|zCanada.
650 0|aPurchasing power|zCanada.
650 0|aInflation (Finance)|zCanada.
650 0|aCOVID-19 Pandemic, 2020-2023|xEconomic aspects|zCanada.
7101 |aCanada. |bParliamentary Information and Research Service, |eissuing body.
77508|tLe pouvoir de création monétaire de la Banque du Canada par l'intermédiaire de l'achat d'actifs / |w(CaOODSP)9.956199
795 |tHow the Bank of Canada creates money for the federal government |b[10 August 2015 edition]|w(CaOODSP)9.808027
830#0|aHillStudies (Canada. Library of Parliament)|vno. 2015-51-E.|w(CaOODSP)9.955653
85640|qPDF|s2.26 MB|uhttps://publications.gc.ca/collections/collection_2025/bdp-lop/ym32-10/YM32-10-2015-51-2021-eng.pdf
8564 |qHTML|sN/A|uhttps://lop.parl.ca/sites/PublicWebsite/default/en_CA/ResearchPublications/201551E