TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

BANKING AGENT FEDERAL GOVERNMENT [1 record]

Record 1 1999-06-17

English

Subject field(s)
  • Occupation Names (General)
  • Banking
OBS

As the banking agent for the federal government, the Bank of Canada also manages the government's cash balances. This too involves auctions. To maximize the government's revenue, portions of the cash balances are offered almost daily as term deposits and are bid for by financial institutions.

French

Domaine(s)
  • Désignations des emplois (Généralités)
  • Banque
OBS

À titre de banquier du gouvernement, la Banque du Canada gère aussi la trésorerie de ce dernier; elle a également recours, pour ce faire, au processus d'adjudication. Afin de maximiser les revenus de l'État, la Banque met aux enchères presque quotidiennement auprès des institutions financières une portion des encaisses du Receveur général sous forme de dépôts à terme.

Spanish

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