The Establishment of the Bank of Canada Essay by Top Papers

The Establishment of the Bank of Canada
This paper is an analytical history of the establishment of the Bank of Canada in 1935. The Bank of Canada is the central bank of the Canadian financial system, a government owned corporation, similar in function to the American Federal Reserve ...
# 137817 | 2,250 words | 4 sources | MLA | 2008 | US


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Description:

This paper is an analytical history of the establishment of the Bank of Canada in 1935. The Bank of Canada is the central bank of the Canadian financial system, a government owned corporation, similar in function to the American Federal Reserve System. The paper analyzes conditions in Canadian finance in 1935, during the height of the world wide Great Depression.

From the Paper:

C20863 The Establishment of the Bank of Canada The Bank of Canada, Canada's central bank, began operations in 1935, later than most central banks in major industrial countries. The Bank of Canada's counterpart in the United States, the Federal Reserve System, was established in 1913, for example, beginning operations the next year. The Bank of Canada is best described as a government corporation, structured like a private sector organization but with all the shares owned by the Canadian government. The Bank of Canada's role in regulating monetary policy is carried out primarily by directly adjusting the money

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APA Format

The Establishment of the Bank of Canada (2008, December 01) Retrieved October 05, 2022, from https://www.academon.com/essay/the-establishment-of-the-bank-of-canada-137817/

MLA Format

"The Establishment of the Bank of Canada" 01 December 2008. Web. 05 October. 2022. <https://www.academon.com/essay/the-establishment-of-the-bank-of-canada-137817/>

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