November 23, 2014 2:14 PM ET

Diversified Financial Services

Company Overview of Bank of Canada

Company Overview

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on security features, public education, and partnership with law enforcement; and replaces and destroys worn and withdrawn notes.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

Canada

Founded in 1934

1,252 Employees

Phone:

613-782-8111

Fax:

613-782-7713

Key Executives for Bank of Canada

Governor
Age: 58
Chief Financial Officer and Chief Accountant
Chief Operating Officer
Chief Risk Officer and Advisor
Chief of Currency
Compensation as of Fiscal Year 2014.

Bank of Canada Key Developments

Bank of Canada Appoints Wes Scott to Board of Directors

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

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

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.

Recent Private Companies Transactions

Type
Date
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No transactions available in the past 12 months.
 

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