Bank of Canada

By: EconomyWatch   Date: 9 September 2010

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The Bank of Canada is the Central Bank of Canada. The establishment year of the Bank can be traced back to the year 1934, when it was founded as a privately owned corporation.

Since then the bank has been working with a mission of promoting economic and financial welfare of Canada.

 

The important functions of the bank are as follows:

  • Maintaining the Monetary Policy in the country
  • Circulating currency and notes
  • Strengthening the country's financial system
  • Managing the public debt.

The bank is being governed by a board. The board consists of 12 directors, Governor and the deputy Governor. The minister of Finance in the country plays a significant role in the country's economy.

The address and the contact details of the bank is as follows:

The Address and Contact details of the bank is as follows:

Bank of Canada - Banque de Canada

Address:
Public Information 234 Wellington Street Ottawa,
Ontario, K1A 0G9 CANADA
Phone No.: ++1-613-782 81 11
Fax: ++1-613-782 77 13


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