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Hamilton, Ontario

  • May 27, 2005

    70 Years of Central Banking in Canada

    Remarks David Dodge Canadian Economics Association Hamilton, Ontario
    The Bank opened its doors on 11 March 1935, at the height of the Great Depression, and immediately faced enormous challenges. In meeting those challenges, the new Bank of Canada drew on the experience of other, established central banks. It received valuable guidance in functions such as the issuance of bank notes, managing foreign exchange reserves, and promoting financial stability.
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