One of Canada’s most imperative investment settings is its Money Market as it plays an important role in the country's economy. Much like any other developed country, Canada has assembled an intricate and multipart regulatory system in order to deliver its citizens essential services and securities. Throughout the years The Bank of Canada has been operating with the Department of Finance, as well as members of the market and have introduced numerous systematic enhancements in the functions of Canada’s financial markets. Moreover, through the use of regulations the Bank of Canada and the Department of Finance have operated together in order to advance the efficiency of Canadian markets through their own enterprises and by aiding several regulatory …show more content…
Such efforts include, The Bank of Canada having to adjust their own partaking at the Treasury bill and bond auctions in order to moderate to a certain extent, the effects of decreasing net new issuance. Moreover, additional regulations have been implemented to preserve and improve market liquidity and efficiency, of which included, changes to the auction rules for government securities and their oversight by the Bank of Canada. Moreover, in Canada there is an arrangement based in the secondary markets for fixed-income products in Canada that are implemented by the Investment Dealers Association of Canada. It is also worth mentioning that Canadian regulators have indicated superior treatment to domestic banks and dealers to embolden in becoming more operational in Canadian fixed-income markets, particularly those of the government of Canada securities. As it stands, the primary dealers of securities that belong to the government of Canada are needed to uphold trading functions in Canada in order to have direct access to auctions and for certain ones lines of credit from the Bank of