Diversified Financial Services
Company Overview of Bank of Canada
Bank of Canada operates as the central bank in Canada. The company provides monetary policy, currency, financial system, and funds management services. Its monetary policy contributes to economic performance and living standards for Canadians by keeping inflation low, stable, and predictable. The company designs, produces, and distributes Canada’s bank notes focusing on the deterrence of counterfeiting through research on security features, public education, and partnership with law enforcement; and replaces and destroys worn and withdrawn notes. Its financial system consists of financial institutions, financial markets, payments, and other clearing and settlement systems. The company also a...
234 Laurier Avenue West
Ottawa, ON K1A 0G9
Founded in 1934
Key Executives for Bank of Canada
Chief Financial Officer and Chief Accountant
Chief Risk Officer and Advisor
Compensation as of Fiscal Year 2014.
Bank of Canada Key Developments
Bank of Canada Appoints Wes Scott to Board of Directors
Nov 7 14
Finance Minister Joe Oliver announced the appointment of Wes Scott to the Board of Directors of the Bank of Canada, effective October 30, 2014. His appointment is for a term ending on February 28, 2017.
Bank of Canada Appoints Greg Stewart to the Board of Directors
Oct 16 14
Finance Minister Joe Oliver announced the appointment of Greg Stewart to the Board of Directors of the Bank of Canada, effective October 9, 2014. Mr. Stewart was formerly the President and Chief Operating Officer of Farm Credit Canada.
Bank of Canada Announces Director Appointments
Jun 18 14
Department of Finance Canada announced the appointments of Norman Betts and Alan Borger to the Board of Directors of the Bank of Canada. Dr. Betts is an Associate Professor at the University of New Brunswicks Faculty of Business Administration and is the former Minister of Finance for New Brunswick. Mr. Borger is President and Chairman of the Board of Ladco Company Limited and Chairman of Borland Construction Inc. The role of the Board of Directors is to provide general oversight of the management and administration of the Bank with respect to strategic planning, financial and accounting matters, risk management, human resources, and other internal policies.
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