Bank of the People Montreal in 1840. Until 1835, every bank in Upper Canada required a legislated charter which established it as a legal person able to sue, and be sued at law. Only two Banks had been chartered: the Bank of Upper Canada and the Commercial Bank of the Midland District. Both banks were controlled by the "Family Compact" who used their control of the currency supply and credit to control trade and ultimately, the farmers. They had a "licensed monopoly" to print paper money, which reduced competition. In 1835, Dr Charles Duncombe, a Reform politician in the Legislative Assembly, was part of
Cambodia and the World Bank Cambodia and the World Bank The World Bank Group (WBG) has operated in Cambodia since October 8, 2004, playing a significant role in the country's development. WBG operates the Emergency Rehabilitation Project. From 1993 to 2017, World Bank projects in Cambodia have focused on economic rehabilitation, agriculture, disease control, health and child welfare. During these years, Cambodia experienced a rise in World Bank projects related to children's welfare and the educational system. The Total Project Budget Commitment was $243.1 million. $173.2 million is for funding projects from the World Bank and International Development Association (IDA) and the other $69.9 million