The government agency that oversees the banking system and is responsible for the conduct of monetary policy in Canada is ________.

Question

Quizplus · Accepted Answer

The Bank of Canada is responsible for overseeing the banking system and conducting monetary policy in Canada. The Department of Finance is responsible for managing the government's finances, the Canada Customs and Revenue Agency is responsible for tax collection and border security, and the House of Parliament is responsible for passing laws and setting government policy.

The Government Agency That Oversees the Banking System and Is