National Capital Region (Canada) National Capital Region (Canada) The National Capital Region (), also referred to as Canada's Capital Region and Ottawa–Gatineau (formerly "Ottawa–Hull"), is an official federal designation for the Canadian capital of Ottawa, Ontario, the neighbouring city of Gatineau, Quebec, and surrounding urban and rural communities. The term National Capital Region is often used to describe the Ottawa–Gatineau metropolitan area, although the official boundaries of the NCR do not precisely correspond to the statistical metropolitan area. Unlike capital districts in some other federal countries, such as the District of Columbia in the United States or the Australian Capital Territory in Australia, the
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