Canada has separated the power to spend money from the power to create money.

Name: Canada has separated the power to spend money from the power to create money.
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Question

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In Canada, the power to spend money lies with the federal and provincial governments, while the power to create money lies with the central bank, which is the Bank of Canada. This separation of powers helps maintain control over inflation and the overall economy.

Canada Has Separated the Power to Spend Money from the Power