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- Bank_of_Canada_Act abstract "The Bank of Canada Act is a piece of Canadian federal legislation, adopted in 1934, which created the Bank of Canada, the cornerstone of the central banking system in Canada.The act is part of the Statutes of Canada.Prior to 1934, Canada had no central bank and fragmented control of the banking system.The Canadian Bankers Association took the role of regulating the bank system since 1891 and the Bank of Montreal was the government's banker.[citation needed]W. F. MacLean, MP for South York MP, presented the idea of a central bank to Parliament in 1913, but the idea was shot down by then Prime Minister Sir Robert Laird Borden.It was initially a private bank and became a government-owned corporation in 1938.Amendments to the act allowed the Bank of Canada to divide the capital of the bank into one hundred thousand shares of a value of fifty dollars each, which were issued to the Minister of finance to be held on behalf of Her Majesty in right of Canada. Canada's provinces and federal government has the right to borrow loans at almost zero % from the bank of Canada.".
- Bank_of_Canada_Act wikiPageExternalLink B-2.
- Bank_of_Canada_Act wikiPageID "31771499".
- Bank_of_Canada_Act wikiPageRevisionID "578256163".
- Bank_of_Canada_Act dateAssented "1934-07-03".
- Bank_of_Canada_Act dateCommenced "March 1935".
- Bank_of_Canada_Act enactedBy Parliament_of_Canada.
- Bank_of_Canada_Act hasPhotoCollection Bank_of_Canada_Act.
- Bank_of_Canada_Act introducedBy "1933".
- Bank_of_Canada_Act longTitle "An Act respecting the Bank of Canada".
- Bank_of_Canada_Act shortTitle "Bank of Canada Act".
- Bank_of_Canada_Act subject Category:1934_in_Canada.
- Bank_of_Canada_Act subject Category:1934_in_law.
- Bank_of_Canada_Act subject Category:Bank_of_Canada.
- Bank_of_Canada_Act subject Category:Banking_legislation.
- Bank_of_Canada_Act subject Category:Canadian_federal_legislation.
- Bank_of_Canada_Act subject Category:Monetary_reform.
- Bank_of_Canada_Act type Abstraction100002137.
- Bank_of_Canada_Act type CivilLaw108453464.
- Bank_of_Canada_Act type Collection107951464.
- Bank_of_Canada_Act type Group100031264.
- Bank_of_Canada_Act type Law108441203.
- Bank_of_Canada_Act type Legislation106535222.
- Bank_of_Canada_Act comment "The Bank of Canada Act is a piece of Canadian federal legislation, adopted in 1934, which created the Bank of Canada, the cornerstone of the central banking system in Canada.The act is part of the Statutes of Canada.Prior to 1934, Canada had no central bank and fragmented control of the banking system.The Canadian Bankers Association took the role of regulating the bank system since 1891 and the Bank of Montreal was the government's banker.[citation needed]W. F.".
- Bank_of_Canada_Act label "Bank of Canada Act".
- Bank_of_Canada_Act sameAs m.0gtwr0c.
- Bank_of_Canada_Act sameAs Q4856071.
- Bank_of_Canada_Act sameAs Q4856071.
- Bank_of_Canada_Act sameAs Bank_of_Canada_Act.
- Bank_of_Canada_Act wasDerivedFrom Bank_of_Canada_Act?oldid=578256163.
- Bank_of_Canada_Act isPrimaryTopicOf Bank_of_Canada_Act.