Economix - The Banking System

199617 min 15 secFilm: Documentary

Direction: Daniel FrenetteAndré Lauzon

Production: Pierre LapointeBruna MastroianniFloyd ElliottIsobel MarksJim Delaurier

Script: Peter SvatekJean LafleurAndré LauzonClaire HelmanElvira Kurt

Co-produced by the NFB and the Kativik School Board in collaboration with the Canadian Foundation for Economic Education.

Money saved by individuals can be safely deposited in financial institutions to earn interest. The financial institutions use these savings to offer loans to individuals and businesses. Investments are the driving force of economic growth and development. When the economy is booming, and borrowing and spending levels are high, large amounts of money end up in circulation, thus spurring inflation. The Bank of Canada may intervene to reduce inflationary pressures by raising interest rates in order to slow down consumption and business spending, and ease inflation. Volume 3, Program 1 of the series.

Subject categories

  • Economics > Finance, Investment and Taxation

Credits

director
Daniel Frenette
André Lauzon
producer
Pierre Lapointe
Bruna Mastroianni
executive producer
Floyd Elliott
Isobel Marks
Jim Delaurier
script
Peter Svatek
Jean Lafleur
André Lauzon
Claire Helman
Elvira Kurt
photography
Bernard Fougères
sound
Yves Gendron
editing
Michèle Hozer
sound editing
Paul Demers
Wojtek Klis
Pierre Béland
Nathalie Fleurant
Isabelle Massicotte
sound mixer
Louis Hone
narrator
Ray Landry
music
Air Tango
Marco Giannetti
Jeff Fisher
Robert Marchand
cast
Elvira Kurt