Grade 08 / Secondary 2
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August 26, 2020
We all play a role in the economy
The Canadian economy is deeply interconnected, and your part in it is explored in this animated video. From apples to houses, your economic decisions help shape the economy, which in turn helps shape all of us. And the Bank of Canada’s role is to keep an eye on it all while giving you the confidence that your money will hold its value. -
August 17, 2020
Funds Management: Selling Bonds
Just like you, the government sometimes needs a little financial help with large projects. Learn how the Bank of Canada handles funding for the government by selling bonds: short-term loans made by businesses and individuals to the government. -
August 17, 2020
Funds Management: Foreign Currency Holdings
The Bank of Canada holds billions of dollars in foreign currencies on behalf of the government. The Bank buys and sells these currencies to decrease or increase holdings of Canadian dollars. Learn how these transactions help to soften sharp movements in the exchange rate of our dollar. -
August 17, 2020
Funds Management: The Government’s Bank Account
Where does the government keep its money? At the Bank of Canada. The Bank also ensures that the government has enough money to meet its daily needs and is able to provide the services you rely on. Learn about the Bank’s role as the government’s banker.