Such technology promises convenience to consumers and retailers, but it also presents security challenges. 24  For a brief, informative overview of the history of Canada's exchange rate regimes, see J. Powell, op. cit., pp. 53-73. 25  See, for example, C. Arango and V. Taylor, "Merchants' Costs of Accepting Means of Payment: Is Cash the Least Costly?"
Money stock (M2+CDs) grew faster in April compared with the previous month on a year-on-year basis. In this financial environment, corporate financing conditions are easing, and the lending attitude of financial institutions is perceived by firms as less severe. It continues to warrant careful monitoring how these favorable developments in the corporate financing environment will affect economic activities. BIS Review 43/2000  2