Bank of Canada
The Bank of Canada (BoC; French: Banque du Canada) is a Crown corporation and Canada's central bank. Chartered in 1934 under the Bank of Canada Act, it is responsible for formulating Canada's monetary policy, and for the promotion of a safe and sound financial system within Canada. The Bank of Canada is the sole issuing authority of Canadian banknotes, provides banking services and money management for the government, and loans money to Canadian financial institutions.
Basic Information
- Category: Central Banking
- Founded: 1934
- Headquarters: Ottawa, Canada
- Website: bankofcanada.ca
Documented Facts
- Country: Crown
Evidence and Sources
- Bank of Canada — Official Site (official)
- Bank of Canada on instagram (social)
- Bank of Canada on facebook (social)
- Bank of Canada on linkedin (social)
- Bank of Canada — Wikipedia (reference)
Citation Guidance
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