Course Code: BMFS 150
Academic Year: 2020-2021
This course explains how the Canadian financial system is organized to provide economic efficiency and how it performs its functions by studying the theories of financial transactions and process of financial intermediation. The course describes the activities of the financial players, such as the Bank of Canada, banks and near banks, money and capital markets and businesses in providing competiveness and efficiency. The course provides students with a deeper understanding of the role of money and the Bank of Canada and of how the system is regulated by various government agencies. In the end, the students will be able to apply how the above financial market players help achieve greater economic efficiency and overall performance of the economic performance.