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 Act of the Parliament of Canada
surface form: Bank of Canada Act
foundedBy Parliament of Canada
governingBody Board of Directors
Governing Council
hasOfficialLanguages English
French
headquartersLocation Ottawa
surface form: Ottawa, Ontario, Canada
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 Canadian federal government (Ottawa)
surface form: 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 self-linksurface differs
surface form: Bank of Canada Review

Financial System Review
Monetary Policy Report
reportsThrough Minister of Finance
surface form: Minister of Finance (Canada)
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
this entity surface form: Bank of Canada Governing Council
Big Five banks of Canada regulator Bank of Canada
this entity surface form: Bank of Canada (monetary authority context)
David Dodge employer Bank of Canada
Bank of Canada publishes Bank of Canada self-linksurface differs
this entity surface form: Bank of Canada Review
FIN worksWith Bank of Canada
subject surface form: Department of Finance Canada
CAD centralBank Bank of Canada
Mark Carney employer Bank of Canada