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  2. Bank of Canada - Wikipedia

    en.wikipedia.org/wiki/Bank_of_Canada

    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 ]

  3. Canadian official threatens to cut U.S. energy supplies in ...

    www.aol.com/canadian-official-threatens-cut-u...

    Experts also warn that stiff U.S. tariffs would likely push the Canadian economy into a recession in 2025, causing a spike in inflation and forcing the Bank of Canada to pause interest rate cuts ...

  4. Vertical (banknotes) - Wikipedia

    en.wikipedia.org/wiki/Vertical_(banknotes)

    It is the first series issued by the Bank of Canada printed in a vertical configuration. The banknotes were designed by the Canadian Bank Note Company , which also prints the banknotes. The first note, the $10 bill featuring Viola Desmond , was revealed on International Women's Day , 8 March 2018, and was released to the public on 19 November ...

  5. Bank of Canada cuts interest rate by half a percentage point ...

    www.aol.com/news/bank-canada-cuts-interest-rate...

    The Bank of Canada's decision marked the fifth consecutive reduction since June and brings the central bank’s key rate down to 3.25%. Forecasters were widely expecting a big rate cut after the ...

  6. Governor of the Bank of Canada - Wikipedia

    en.wikipedia.org/wiki/Governor_of_the_Bank_of_Canada

    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 ...

  7. Banks rush to raise prime rates after Bank of Canada's ... - AOL

    www.aol.com/news/royal-bank-td-raise-prime-rates...

    The 50 basis-point increase by Canada's largest bank by market cap mirrors the Bank of Canada's hike, taking RBC's prime rate from 2.70 to 3.20 per cent. TD followed minutes later, also increasing ...

  8. Bank Act (Canada) - Wikipedia

    en.wikipedia.org/wiki/Bank_Act_(Canada)

    On June 30, 2017, the Office of the Superintendent of Financial Institutions issued an advisory, stating that it planned to enforce the Bank Act's prohibitions on using the word or verbiage "bank" in connection to any financial service that is not a bank. The terms were required to be removed from websites by the end of 2017, from print ...

  9. Economy of Canada - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Canada

    The Bank of Canada issues its bank rate announcement through its ... In year-to-date 2019 (through March), further referred to as YTD 2019, Canada exported 1.39 ...