The most significant security of the Canadian money market is:

Question

Quizplus · Accepted Answer

Government of Canada treasury bills are considered the safest and most secure investment in the Canadian money market. They are issued directly by the federal government and are backed by the full faith and credit of the government. This means that they are virtually risk-free, and investors are guaranteed to receive their principal and interest payments. Other money market securities, such as commercial paper, asset-backed securities, and bankers' acceptances, carry varying levels of risk and may not be as secure as government treasury bills.

The Most Significant Security of the Canadian Money Market Is