How is the major portion of the Canadian money supply created?

Question

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The major portion of the Canadian money supply is created by the actions of commercial banks and the Bank of Canada through the process of fractional reserve banking. When banks receive deposits, they are only required to hold a fraction of that amount as reserves and can lend out the rest. This creates new money in the economy, which contributes to the money supply. The Bank of Canada also plays a role in creating money by lending money to commercial banks and buying government securities.

How Is the Major Portion of the Canadian Money Supply