It is the responsibility of the Canadian Banker's Association to maintain stability in the financial system by providing liquidity to commercial banks.

Question

Quizplus · Accepted Answer

The Canadian Banker's Association is a trade association representing banks in Canada, but it is not responsible for providing liquidity to commercial banks. This responsibility falls under the purview of central banks such as the Bank of Canada.

It Is the Responsibility of the Canadian Banker's Association to Maintain