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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." It is the sole issuer of banknotes in Canada, and controls monetary policy in Canada. The Governor of the Bank of Canada? is appointed by the Prime Minister, but traditionally, the bank operates independently of political influence.

[+] origins

No positions


This page describes an institution? not an issue. Any positions on monetary policy belong on that page? not this one. Please move the following:

"Make the Bank free from the influence of the financial industry. Central banks should manage the currency for the benefit of the economy." Whatever that means.




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