https://padlet.com/blake_goodfellow/9m024lg4sa1a Insight Into Economics en-us 2016-12-07 03:10:41 UTC 2024-05-31 17:19:16 UTC hello@padlet.com blake_goodfellow https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142197176 2016-12-07 03:15:37 UTC https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142197176 blake_goodfellow https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142197665 The first of four main areas of responsibility. The main function of this is to preserve the value of money by maintaining the inflation rate through small target ranges. This is also achieved through adjusting short term interest rates Another function is to modify exchange rates best suited for Canada's economic circumstance.

]]> 2016-12-07 03:23:45 UTC https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142197665 blake_goodfellow https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142198153 The second of the main four areas of responsibility. This system includes financial institutions such as banks and credit unions financial markets and clearing and settlement systems. Its by the financial system that commercial activities such as debit cards and credit cards, borrowing and investing, and cheques and emoney is managed.]]> 2016-12-07 03:30:15 UTC https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142198153 blake_goodfellow https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142198429 The third of the main 4 areas of responsibility. The Bank of Canada is responsible with issuing currency and their strategy relies on 4 main ways. Developing bank notes that are difficult to fake and easy to recognize, increasing the verification of bank notes in public, promoting the deterrance of counterfiets, and focusing on production and shelf life of the bank notes.]]> 2016-12-07 03:33:51 UTC https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142198429 blake_goodfellow https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142198774 -4 Websites]]> 2016-12-07 03:38:34 UTC https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142198774 blake_goodfellow https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142198868 The fourth of the four main areas of responsibility include; Government Banker and Treasury Manager who are responsible for almost all the money collected and spent by the government. Foreign Exchange Reserves,  These reserves provide liquidity for the government and help to promote good conditions in the Canadian-dollar foreign exchange market. Debt Management  consists largely of outstanding government securities such as treasury bills and marketable bonds.]]> 2016-12-07 03:39:46 UTC https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142198868 blake_goodfellow https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142199236 Video via Youtube by the Bank of Canada
This video shows how the Bank of Canada fights fraud. Such as how the notes are difficult to counterfiet due to their material. Also by informing the public about the counterfiet problem and increasing their knowledge. Most of the counterfiets are made by people of organized crime. This video also shows people how to check security features.]]> 2016-12-07 03:46:03 UTC https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142199236 blake_goodfellow https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142200078 The new polymer notes are the strongest notes released and this video shows how they are superior to the old paper notes and how they test the strength of the notes.]]> 2016-12-07 04:02:12 UTC https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142200078 blake_goodfellow https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142200372

This is a photo of the Bank of Canada and shows the massive scale of the building.]]> 2016-12-07 04:07:49 UTC https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142200372 blake_goodfellow https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142200427 This is an image of the new polymer Bank of Canada Bank notes released which are stronger than ever helping reduce the amount of bills that get ruined due to heavy usage.]]> 2016-12-07 04:08:56 UTC https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142200427 blake_goodfellow https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142200508
This is a logo used by the Bank of Canada that they use to distinguish themselves.]]> 2016-12-07 04:10:43 UTC https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142200508 blake_goodfellow https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142200753 2016-12-07 04:17:29 UTC https://padlet.com/blake_goodfellow/9m024lg4sa1a/wish/142200753