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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 ]
The list includes roughly 130 departments and other organizations, with nearly 300,000 employees, who collectively form the Public Service of Canada. Special Operating Agencies (which are departmental organizations), and non-departmental organizations such as Crown corporations, administrative tribunals, and oversight organizations are parts of ...
1925 – the Office of the Inspector General of Banks was established in response to the Home Bank failure and was responsible for regulating Canada's chartered banks. Early 1930s – Royal Commission on Banking and Currency reviewed banking and currency issues in the Canadian financial system.
The main Montreal branch of the Bank of Montreal, Canada's oldest bank. Toronto's financial district. This is a list of banks in Canada, including chartered banks, credit unions, trusts, and other financial services companies that offer banking services and may be popularly referred to as "banks".
Canada's Minister of International Development, currently Harjit Sajjan, holds the title of Minister responsible for the Pacific Economic Development Agency of Canada. [26] The agency has offices in Vancouver, and is set to establish headquarters in Surrey with additional service locations in Victoria, Kelowna, Prince George, Cranbrook, Fort St ...
In 1993, it sold its lease financing operations to GE Capital and acquired the assets of General Trust of Canada. A National Bank of Canada sign outside Exchange Tower in Toronto. In 1994, it made a small step outside Canada when it opened two branches in the United States, one in Florida and one in California. As of 2020, its Natbank ...
Established in 2016, FSRA officially succeeded its predecessor agencies – the Financial Services Commission of Ontario and the Deposit Insurance Corporation of Ontario – on June 8, 2019. [1] The Financial Services Regulatory Authority of Ontario operates at arms-length from the Government of Ontario , and reports to the Legislative Assembly ...
The Bay Adelaide Centre is an office complex in the Financial District of Toronto, Ontario, Canada. The first phase, a 51-storey skyscraper known as Bay Adelaide West, was completed in July 2009. The second phase, the 44-storey Bay Adelaide East, was completed in October 2016. [ 2 ]