A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Bank of Canada: The Bank of Canada is the nation’s central bank. They are not a commercial bank and do not offer banking services to the public. Rather, they have responsibilities for Canada’s monetary policy, bank notes, financial system, and funds management. Their principal role, as defined in the Bank of Canada Act is “to promote the economic and financial welfare of Canada.”
As the nation’s central bank, the Bank of Canada has five main areas of responsibility:
- Monetary Policy
- Currency
- Financial System
- Funds Management
- Corporate Administration
