Is The Bank Of Canada Going To Raise Rates Again?
The Canadian Real Estate Investor
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The Bank of Canada's Role in the Economy
The Bank of Canada is the nation's central bank. Their main role and this is quoted from their website is to promote the economic and financial welfare of Canada. The other responsibility is broken down into a few categories here. We, Bank of Canada, promote safe sound and efficient financial systems within Canada and internationally. They move on to currency, where we design, issue and distribute Canada's bank notes.
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