What are the coins and paper money held by the Bank of Canada considered to be?

Name: What are the coins and paper money held by the Bank of Canada considered to be?
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Question

Quizplus · Accepted Answer

The Bank of Canada's coins and paper money are not part of any money supply definition because they are not owned by the public, but rather by the central bank. The money supply is defined as the total amount of money in circulation in the economy, and the Bank of Canada's holdings do not circulate among the public.

What Are the Coins and Paper Money Held by the Bank