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The Bank of Canada (BoC; French: Banque du Canada) is a Crown corporation and Canada's central bank. [4] Chartered in 1934 under the Bank of Canada Act , it is responsible for formulating Canada's monetary policy, [ 5 ] and for the promotion of a safe and sound financial system within Canada. [ 6 ]
Governor of the Bank of Canada (French: gouverneur de la Banque du Canada) is the chief executive officer of the Bank of Canada and acts as chair of its board of directors. [1] The Bank of Canada Act , 1985, S. 6(1), [ 2 ] provides that the governor and deputy governor shall be appointed by the directors with the approval of the Governor ...
The 2023–24 network television schedule for the five major English commercial broadcast networks in Canada covers primetime hours from September 2023 through August 2024. The schedule is followed by a list per network of returning series, new series, and series canceled after the 2022–23 television season , for Canadian, American, and other ...
In 1998, RBC acquired Security First Network Bank in Atlanta—the first pure Internet bank. [24] In the same year, the Royal Bank of Canada proposed to merge with the Bank of Montreal, at the same time as the Toronto-Dominion Bank proposed to merge with the Canadian Imperial Bank of Commerce.
Lynx — Canada's primary system for clearing and settling large-value, time-critical Canadian dollar transactions. Regulated by the Bank of Canada , it is an electronic wire system that facilitates the transfer of payments in Canadian dollars between Canadian financial institutions across the country.
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The bank was required to provide to the Minister of Finance each Wednesday a statement of assets and liabilities, which was published the following week in the Canada Gazette. The bank became a government-owned corporation in 1938. [12] Amendments to the Act allowed the Bank of Canada to divide the capital of the bank into one hundred thousand ...
Traders Bank of Canada 1885 1912 Acquired by the Royal Bank of Canada. [167] Union Bank of Canada: 1865 1925 Founded as the Union Bank of Lower Canada, the name changed to the Union Bank of Canada in 1886. [168] Merged into the Royal Bank of Canada. [169] Union Bank of Halifax: 1856 1910 Merged into the Royal Bank of Canada. [170] Union Bank of ...