Bank of Canada
Annual Revenue Estimate: NA
Email Convention: [email protected]
Overall Ranking (79%)
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The Bank of Canada is Canada's central bank. The bank was founded by the Bank of Canada Act on July 3, 1934, as a privately owned corporation. In 1938, the bank became a Crown corporation, belonging to the monarch in right of Canada. The Minister of Finance holds the entire share capital issued by the bank. "Ultimately, the Bank is owned by the Minister of Finance on behalf of Her Majesty in right of Canada."
The role of the bank is to "promote the economic and financial well-being of Canada." The responsibilities of the bank are: monetary policy; sole issuing authority of Canadian banknotes; the promotion of a safe, sound financial system within Canada; and funds management and central banking services "for the federal government, the Bank and other clients."
The bank headquarters are located at the Bank of Canada Building in the nation's capital, Ottawa.
See in Google Maps
234 Wellington Street Ottawa, Ottawa, K1A 0G9, Canada