Bank of Canada Bank of Canada The Bank of Canada (or BoC) () is a Crown corporation and Canada's central bank. Chartered in 1934 under the "Bank of Canada Act", it is responsible for formulating Canada's monetary policy, and for the promotion of a safe, sound financial system within Canada. The Bank of Canada is the sole issuing authority of Canadian banknotes, provides banking services and money management for the government, and loans money to Canadian financial institutions. The Bank of Canada headquarters are located at the Bank of Canada Building, 234 Wellington Street in the nation's capital, Ottawa. The building also used
National Capital Region (Canada) shield and the Saint Lawrence Lowlands intersect. The area has several major fault lines and small earthquakes do occur somewhat regularly, including the 2010 Central Canada earthquake that occurred in Quebec. The Gatineau Hills are the foothills of the Laurentian Mountains and located in the region. They supply great skiing and snowboarding opportunities within minutes of the city. The National Capital Commission (NCC) is a corporation that was established by the federal government in 1959 to oversee federal buildings and land in the federally designated National Capital Region (NCR). Although the NCR is not a separate political jurisdiction, the NCC