Bank of Canada (BOC)

Canada's National Bank is located in Ottawa, Ontario, it's The Bank of Canada. The Bank of Canada is not a bank that is open to the public. Their main responsibility is the promotion of the Nation’s economic and welfare. They're also responsible for Canada's monetary policy, funds management, bank notes, and financial system. They also have the power to produce loans to the Government of Canada and Governments throughout the territory of Canada.

In 1934 BOCA founded the Bank and considered it a privately owned corporation.The Canadian Minister of Finance has held the entire share capital issued by the Bank on behalf of Her Majesty, the Queen of England, in right of Canada. Ultimately,

See www.bankofcanada.ca

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