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Banking System Failures



Today Brian Lovig talks about Banking

Banking System Failures

Federal Reserve Directors: A Study of Corporate and Banking Influence

Canadian Banks

12 Year old VICTORIA GRANT Reveals The TRUTH In Canadian Banking

Bank Of Canada

The Bank of Canada (French: Banque du Canada) is Canada’s central bank.[1] The bank was founded by the Bank of Canada Act[2] 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.[3] 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.”[2][4]

The role of the bank is to “promote the economic and financial well-being of Canada.”[5] The responsibilities of the bank are: monetary policy;[6] sole issuing authority of Canadian banknotes;[7][8] the promotion of a safe, sound financial system within Canada;[9] and funds management and central banking services “for the federal government, the Bank and other clients.”[10][11]

The bank headquarters are located at the Bank of Canada Building in the nation’s capital, Ottawa. The structure also houses the Currency Museum, which opened in December 1980.[12]

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