Bank of Canada

The Bank of Canada is Canada's central bank. It was created by the Bank of Canada Act of 1934, to "promote the economic and financial well-being of Canada."

Initially, the Bank was founded as a privately owned corporation. In 1938, it became a Crown corporation.

It is the sole issuer of currency in Canada and it also issues currency for other nations. The currency is manufactured by the Royal Canadian Mint. The Mint designs and manufactures: collector coins; gold, silver and platinum bullion coins; customized medals, tokens and trade dollars; and exquisite watches featuring exceptional coin designs and the PURE 9999 watches collection of fine jewellery featuring exceptional coin designs. It also offers gold refinery and assay services to customers around the globe.

The head of the Bank of Canada is the Governor, appointed by the Prime Minister.

Bank of Canada Governors

David A. Dodge (2001-)

Gordon Thiessen (1994-2001)

John Crow (1987-1994)

Gerald Bouey (1973-1987)

Louis Rasminsky (1961-1973)

James Coyne (1955-1961)

Graham Towers (1934-1954)