CANADIAN MONEY SUPPLY RISES IN WEEK
Canadian narrowly-defined money supply
M-1 rose 592 mln dlrs to 33.36 billion dlrs in week ended March
4, Bank of Canada said.
M-1-A, which is M-1 plus daily interest chequable and
non-personal deposits, rose 778 mln dlrs to 75.95 billion dlrs
and M-2, which is M-1-A plus other notice and personal
fixed-term deposit rose 1.09 billion dlrs to 177.95 billion
dlrs.
M-3, which is non-personal fixed term deposits and foreign
currency deposits of residents booked at chartered banks in
Canada, rose 1.13 billion dlrs to 217.28 billion dlrs.
Chartered bank general loans outstanding rose 500 mln dlrs
to 125.54 billion dlrs.
Canadian liquid plus short term assets fell 244 mln dlrs to
35.12 billion dlrs and total Canadian dollar major assets of
the chartered banks rose 257 mln dlrs to 221.53 billion dlrs.
Chartered bank net foreign currency assets rose 782 mln
dlrs to minus 876 mln dlrs.
Notes in circulation totalled 16.28 billion dlrs, up 45 mln
dlrs from the week before.
Government cash balances rose 1.37 billion dlrs to 5.68
billion dlrs in week ended March 11.
Government securities outstanding fell three mln dlrs to
224.08 billion dlrs in week ended March 11, treasury bills rose
600 mln dlrs to 75.15 billion dlrs and Canada Savings Bonds
fell 294 mln dlrs to 44.05 billion dlrs.