Who owns the Bank of Canada?
A) private individuals
B) the Queen
C) the chartered banks
D) the federal government of Canada

Question

Quizplus · Accepted Answer

The Bank of Canada is a crown corporation, meaning it is owned by the federal government of Canada. Therefore, option D is the correct answer. Option A is incorrect because it is not privately owned. Option B is incorrect because while the Bank of Canada operates under the authority of the Queen, she is not the owner. Option C is incorrect because while the chartered banks are important stakeholders in the Canadian financial system, they do not own the Bank of Canada.

Who Owns the Bank of Canada