In Canada,open-market operations are

Question

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Open-market operations in Canada refer to the buying and selling of government securities by the Bank of Canada. This is done to influence the money supply in the economy and achieve the inflation target set by the government. The Bank of Canada buys government securities from commercial banks and pays for them by crediting the banks' reserves, which increases the supply of money in the economy. Similarly, when the Bank of Canada sells government securities to commercial banks, it reduces the supply of money in the economy.

In Canada,open-Market Operations Are