The most significant security of the Canadian money market is

Question

Quizplus · Accepted Answer

The Government of Canada treasury bills are considered the safest investment in the Canadian money market as they are backed by the full faith and credit of the Canadian government. Therefore, investors are guaranteed to receive the principal and interest payments. Commercial paper, asset-backed securities, and bankers' acceptances are also relatively safe investments, but they carry more risk compared to government treasury bills.

The Most Significant Security of the Canadian Money Market Is