The Bank of Canada's lender-of-last resort lending is coordinated with ________ and ________.

Question

Quizplus · Accepted Answer

The Office of the Superintendent of Financial Institutions Canada is the primary regulator for banks in Canada and the Canada Deposit Insurance Corporation is responsible for insuring deposits in Canadian banks, making them the most suitable choices to coordinate with the Bank of Canada's lender-of-last resort lending. The Department of Finance is also a relevant government body but does not have as direct a role in regulating or insuring banks. Canada Investment and Savings is not a government agency and has no role in the regulation or insurance of banks.

The Bank of Canada's Lender-Of-Last Resort Lending Is Coordinated with ________