Canadian finance

Canadian finance involves managing the country's money systems, including government budgeting, banking, and investments. The government collects revenue through taxes and spends on public services like healthcare, education, and infrastructure. Banks and financial institutions facilitate savings, loans, and investments for individuals and businesses, supporting economic growth. Canada’s currency, the dollar (CAD), is regulated by the Bank of Canada, which controls interest rates to maintain economic stability. Overall, Canadian finance aims to balance spending and saving to promote prosperity, manage national debt, and ensure financial security for its citizens and the economy.