As well, the Canadian Depository for Securities has been pushing to be able to hold negotiable money market instruments in its depository and to be able to make book entry ownership transfers as soon as possible, a far more efficient process, it believes, than having to take physical possession of the instrument.
Book entry ownership transfers are more efficient than taking physical possession of a money market instrument, which would save Canadians money.
( z1 efficient :ARG1 ( z2 transfer :ARG1 ( z3 own :ARG1 ( z4 enter :ARG1 ( z5 book ) ) ) ) :ARG2-of ( z6 have-degree :ARG1 z2 :ARG3 ( z7 more ) :ARG4 ( z8 take :ARG1 ( z9 possess :ARG1 ( z10 instrument :mod ( z11 market :mod ( z12 money ) ) ) :mod ( z13 physical ) ) :ARG0-of ( z14 save :ARG1 ( z15 money ) :ARG2 ( z16 person :mod ( z17 country :name ( z18 name :op "Canada" ) ) ) ) ) ) )