It can be argued that the Bank of Canada's most important function is

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The Bank of Canada's primary function is to maintain stability in the Canadian banking system. This includes managing monetary policy, regulating the financial system, and providing liquidity to banks when necessary. While check collection and clearing are important functions of the Bank, they are not its most important function. The Bank does not set controlled consumer interest rates, but rather influences borrowing costs through its monetary policy decisions. Lending to risky customers is not a function of the Bank of Canada.

It Can Be Argued That the Bank of Canada's Most