What is the Bank of Canada?

Canada's bank official opened headquarters in Ottawa in 1934. Since then, it's been responsible for everything from keeping interest rates and inflation rates in check, to creating and issuing banknotes. This short TVO explainer reveals the way the bank operates as an organization independent of the government on Canada, and what each branch does to align with monetary policy.
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The Agenda with Steve Paikin is TVO Today's flagship current affairs program, devoted to exploring the social, political, cultural and economic issues that are changing our world. We consistently offer a diversity of viewpoints and in-depth analysis of what lies behind the headlines. See more about The Agenda with Steve Paikin at www.tvo.org/theagenda