Which of the Following Statements Is False

Which of the following statements is false?

A) The interest rates that banks offer on investments or charge on loans depends on the horizon of the investment or loan.
B) The Bank of Canada determines very short-term interest rates through its influence on the overnight rate.
C) The interest rates that are quoted by banks and other financial institutions are nominal interest rates.
D) Fundamentally, interest rates are determined by the Bank of Canada.