Bank of Canada
Overview
Overall Ranking (78%)
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The Overall Ranking is generated based on the Company Reviews.
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Company Stats
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Company Details
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.
Locations
613-782-7713
Ottawa Headquarters
234 Wellington Street Ottawa
Ottawa ON K1A 0G9
Canada
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