Tag Archive: The Case to “Reinstate” the Bank of Canada

on February 5, 2015 in World News

The Case to “Reinstate” the Bank of Canada

The Case to “Reinstate” the Bank of Canada There is a very interesting legal case that is playing out in Canada at the moment. William Krehm, Anne Emmett, and Comer (The Committee for Monetary and Economic Reform: http://www.comer.org/) filed a lawsuit on December 12th, 2011, in Federal Court to try to force a restoration of the Bank of Canada to its mandated purposes. In essence, they want the Bank of Canada to provide interest-free loans to the federal, provincial, and municipal governments, as provided for in the Bank of Canada Act. This money would be used to finance public expenditures… View Article

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