The assets of the Bank of Canada are all of the following except:
A) advances to other banks.
B) government of Canada securities.
C) foreign currencies.
D) deposits from Federal Governments.

Question

Quizplus · Accepted Answer

The assets of the Bank of Canada include advances to other banks, government securities, and foreign currencies. Deposits from the Federal Government are considered liabilities, not assets.

The Assets of the Bank of Canada Are All of the Following