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

Great River, New York

... from other races, and 0.97% from two or more races. 1.88% of the population are Hispanic or Latino of any race. There are 509 households out of which 41.5% have children ...