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
Province of Canada Canada after being united into the Province of Canada. It became the province of Ontario after Confederation. The location of the capital city of the Province of Canada changed six times in its 26-year history. The first capital was in Kingston (1841–1844). The capital moved to Montreal (1844–1849) until rioters, spurred by a series of incendiary articles published in "The Gazette", protested against the Rebellion Losses Bill and burned down Montreal's parliament buildings. It then moved to Toronto (1849–1852). It moved to Quebec City from 1852 to 1856, then Toronto for one year (1858) before returning to Quebec City from