July 25, 2009

The Bank of Canada

The Bank of Canada is Canada's central bank. It is not a commercial bank and do not offer banking services to the public. The Bank of Canada is responsible for Canada's monetary policy, bank notes, financial system, funds management. The Bank of Canada is mandated by Bank of Canada Act to promote the economic and financial welfare of Canada.

Why I am writing about Bank of Canada?

Well, I figured as you prepare for your new life in Canada, you will need all the information you can get about Canada. Don't you?

Added to that fact is this good news from TheStar.Com. According to the report, The Bank of Canada has made it all but official – the Great Recession is over. That can only mean good thing. It could mean more jobs and more opportunities for you!

By the way, The Bank of Canada's official website is http://www.bank-banque-canada.ca. There you will find Bank of Canada's updates about exchange rates, bond rates, branches (regional offices), job vacancies and everything about economic and financial welfare of Canada.