Name of Canada Canada East for representation by population, but the roles reversed as Canada West's population surpassed the east's. The single colony remained governed in this way until 1 July 1867, often with coalition governments. A new capital city was being built at Ottawa, chosen in 1857 by Queen Victoria, and became a national capital. At the conferences held in London to determine the form of confederation that would unite the Province of Canada (now Ontario and Quebec), the Province of New Brunswick and the Province of Nova Scotia, a delegate from either Nova Scotia or New Brunswick proposed the name "Canada"
Bank of Canada to maintain fractional reserves with the Bank of Canada. Instead, banks are required to hold highly liquid assets such as treasury bills equal to 30 days of normal withdrawals (liquidity coverage), while leverage is primarily tied to adequate loss-absorbing capital, notably tier one (equity) capital. The Bank of Canada is structured as a Crown corporation rather than as a government department, with shares held in the name of the Minister of Finance on behalf of the government. While the Bank of Canada Act provides the Minister of Finance with the final authority on matters of monetary policy through the power