Canada - Broad money

2,032,249,287,000.0 (LCU) in 2008

In 2008, broad money for Canada was 2,032,249 million LCU. Broad money of Canada increased from 471,361 million LCU in 1989 to 2,032,249 million LCU in 2008 growing at an average annual rate of 10.41%.

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What is broad money?

Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

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What is Canada broad money?