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
Nigeria and the World Bank pillars that were focused on were social service delivery, community empowerment, and creating a basis for non-oil growth. These all proved to be moderately unsatisfactory according to the World Bank evaluation. Although change was slow, by 2007 better results started to come from the projects in Nigeria. In 2016, Nigeria ranked as the 12th highest loan recipient from the World Bank with 6.6 billion dollars.As of 2018, the World Bank has a total of 31 projects in 772 locations in Nigeria. This all adds up to $9.21 billion worth of programs in sectors of like social protection, health, agriculture, fishing,