In Comparison to Securities Issued by the Federal Government,securities Issued

question 92

Multiple Choice

In comparison to securities issued by the federal government,securities issued by provincial governments:

• A) are significantly riskier.
• B) are much less liquid.
• C) yield slightly more than federal securities.
• D) usually require the payment of higher commissions when purchased than federal securities.

---

Definitions:

CPP

The Canada Pension Plan, a social insurance program requiring contributions from Canadian workers and employers to provide retirement, disability, and survivor benefits.

QPP

The Quebec Pension Plan, a public retirement plan for individuals in Quebec to provide financial security when they retire.

Employment Insurance (EI)

A social welfare program that provides temporary financial assistance to unemployed workers who meet certain eligibility criteria.

Employees Contribute

The involvement or effort of workers in their job roles, tasks, or towards organizational goals.