The Tender For Law

Volume 6

Apr 22, 2014 6:47 PM

T?lis B?auns

Bank of Canada has a different status due to Prime Minister McKenzie King in 1938 nationalising the thing. http://prudentpress.com/finance/history-bank-of-canada/ The effects of King�s decision would last all the way until 1974, when the Trudeau government made the decision to halt the borrowing of money from the Bank of Canada, and instead, choosing to borrow from the private banks at COMPOUNDED interest.