Bank of Canada

E263987

The Bank of Canada is the country’s central bank, responsible for formulating monetary policy, issuing currency, and promoting the stability of the Canadian financial system.

All labels observed (4)

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf central bank
public institution
beganOperations 1935-03-11
building Bank of Canada Head Office Complex
buildingArchitect Arthur Erickson
chiefExecutiveTitle Governor
country Canada
currencyIssued Canadian dollar
dateFounded 1934-07-03
deputyChiefTitle Senior Deputy Governor
establishedBy Bank of Canada Act
foundedBy Parliament of Canada
governingBody Board of Directors
Governing Council
hasOfficialLanguages English
French
headquartersLocation Ottawa, Ontario, Canada
linked to: Ottawa
inflationTarget 2 percent
inflationTargetRange 1 to 3 percent
issuesDenomination 10-dollar banknote
100-dollar banknote
20-dollar banknote
5-dollar banknote
50-dollar banknote
jurisdiction Canada
legalStatus Crown corporation
legislation Bank of Canada Act
mandate promote the economic and financial welfare of Canada
owner Government of Canada
participatesIn Bank for International Settlements
G20 central bank cooperation
G7 central bank cooperation
policyFramework inflation targeting
policyInstrument open market operations
overnight interest rate target
standing liquidity facilities
primaryFunction act as fiscal agent for the Government of Canada
formulate monetary policy
issue bank notes
manage Government of Canada funds
oversee key payment, clearing and settlement systems
promote financial system stability
publishes Bank of Canada Review
linked to: Bank of Canada

Financial System Review
Monetary Policy Report
reportsThrough Minister of Finance (Canada)
linked to: Minister of Finance
reportsTo Parliament of Canada
supervises key financial market infrastructures in Canada
website https://www.bankofcanada.ca/

How these facts were elicited

Referenced by (15)

Full triples — surface form annotated when it differs from this entity's canonical label.

Department of Finance Canada worksWith Bank of Canada
Canadian dollar centralBank Bank of Canada
Canadian dollar issuingAuthority Bank of Canada
Canadian dollar managedBy Bank of Canada Governing Council
linked to: Bank of Canada
Big Five banks of Canada regulator Bank of Canada (monetary authority context)
linked to: Bank of Canada
David Dodge employer Bank of Canada
Bank of Canada publishes Bank of Canada Review
linked to: Bank of Canada
Department of Finance Canada worksWith Bank of Canada
subject linked to: FIN
CAD centralBank Bank of Canada
Mark Carney employer Bank of Canada