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
Costa Rica and the World Bank Rica for quite some time. With the first project being in 1956, the World Bank was able to maintain buildings within the country until 1990. The World Bank office in San Jose had closed in 1990 due to unwelcoming political climate at the time. Costa Rica shifted to ecomarket projects, since environmentally cautious policies was important within this country, but at the time the World Bank had no presence. These events all lead to the World Bank making another effort to support Costa Rica and try to reenter. The World Bank entering back into Costa Rica was an easy decision