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What are the four areas of personal finance?

The basics of personal finance come down to four fundamentals: managing your expenses, dealing with debt, building credit and saving money.

What is the Financial Consumer Agency of Canada website?

The Financial Consumer Agency of Canada (FCAC) is an agency of the Government of Canada that enforces consumer protection legislation, regulations and industry commitments by federally regulated financial entities....Financial Consumer Agency of Canada. Agency overviewWebsitewww.canada.ca/en/financial-consumer-agency.html7 more rows

What is personal finance Canada?

Personal finance is an all-encompassing term that refers to an individual's management of their financial resources. Some of the aspects of personal finance include: \u201cbudgeting, banking, insurance, mortgages, investments, retirement planning, and tax and estate planning.\u201d

What is the role of the finance minister?

A key duty of the Finance Minister is to present the annual Union Budget in Parliament, detailing the government's plan for taxation and spending in the coming financial year.

Where does Canada get their money from?

Executive Summary. Money is created in the Canadian economy in two main ways: through private commercial bank loans or asset purchases, and through the Bank of Canada's asset purchases. The majority of money in the economy is created by commercial banks when they extend new loans, such as mortgages.

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