Who owns the Bank of Canada?

Name: Who owns the Bank of Canada?
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

The Bank of Canada is owned by the federal government of Canada. It was established by the government in 1934 as a publicly owned institution to facilitate monetary policy, financial stability, and economic growth. The Bank of Canada is accountable to the government and operates independently within the framework of the Bank of Canada Act.

Who Owns the Bank of Canada