The Canadian money market experiment

Authors

  • J.S.G. WILSON

DOI:

https://doi.org/10.13133/2037-3643/11959

Keywords:

Canadian Central Bank, short-term money market, monetary policy, control

Abstract

The article describes the effort by the Canadian Central Bank to support and actively sponsor the establishment of a short-term money market. Such markets facilitate to a great degree monetary policy through the control of the activities of commercial banks. The first steps by the Central Bank were taken in March of 1934 and the experiment took on several stages until 1957.


JEL: E52, E58, E65


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Published

2014-03-27

How to Cite

WILSON, J. (2014). The Canadian money market experiment. PSL Quarterly Review, 11(44). https://doi.org/10.13133/2037-3643/11959

Issue

Vol. 11 No. 44 (1958)

Section

Editorial

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