Question 498

Under Canada's federal system, which level of government is responsible for managing the country's currency?

  1. AThe municipal governments
  2. BThe provincial governments
  3. CThe federal government
  4. DA shared responsibility
Show the answer and explanation

Correct answer: C) The federal government

Explanation

According to the Constitution Act, 1867, the federal government is responsible for matters of national and international concern, which includes the country's currency.

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