Which of the Following Statements Is False

Which of the following statements is false?

A) A larger monetary base allows the banks to expand their lending.
B) The Bank of Canada provides a monetary base that is consistent with Bank of Canada's monetary
Policy objectives.
C) Recent credit crisis, which started in the Summer of 2007, created a significant decrease in the demand for cash in the banking sector.
D) The Bank of Canada has a responsibility to promote stability in financial market.