π€ Person
Bank of Canada
Monetary authority of Canada
π Rating
1 news mentions Β· π 0 likes Β· π 0 dislikes
π Topics
- Currency Markets (1)
- Monetary Policy (1)
- Economic Indicators (1)
π·οΈ Keywords
Canadian dollar (1) Β· inflation (1) Β· rate cuts (1) Β· exchange rate (1) Β· Bank of Canada (1) Β· currency markets (1) Β· monetary policy (1)
π Key Information
The Bank of Canada (BoC; French: Banque du Canada) is a Crown corporation and Canada's central bank. Chartered in 1934 under the Bank of Canada Act, it is responsible for formulating Canada's monetary policy, and for the promotion of a safe and sound financial system within Canada. The Bank of Canada is the sole issuing authority of Canadian banknotes, provides banking services and money management for the government, and loans money to Canadian financial institutions.
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Canadian dollar Β· 1 shared articles