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
Argentina and the World Bank Argentina and the World Bank The World Bank is known as a universal financial association that offers money, given out temporarily in exchange for major projects and programs to help certain countries with financial hardships and advocate for a better tomorrow. The World Bank partnered with Argentina many time in its history, but most recently in order to even out its economic downfall back in 2017. Argentina is known for having one of the biggest economies in Latin American as well as its rural environment which makes it a great option for natural resources therefore has helped the country in