Encyclopedia > Bank of Canada

  Article Content

Bank of Canada

The Bank of Canada is Canada's central bank. It was created by the Bank of Canada Act of 1934, to "promote the economic and financial well-being of Canada."

Initially, the Bank was founded as a privately owned corporation. In 1938, it became a Crown corporation[?].

It is the sole issuer of currency in Canada.



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
Wheatley Heights, New York

... have children under the age of 18 living with them, 62.2% are married couples living together, 17.0% have a female householder with no husband present, and 15.9% are ...

 
 
 
This page was created in 43.2 ms