The Tender For Law

Volume 6

Jun 19, 2014 7:14 PM

Gail Marie

I think the Minister of Finance has to mandate the bank of canada to do it and then the payment is deposited to the Consolidated Revenue Fund and dispersed by the Minister of Finance through the CRF to the corporation?

"Shares are directly held by the Minister of Finance on behalf of Her Majesty in right of Canada which are registered by the Bank in the name of the Minister in the books of the Bank at Ottawa, and the bank's earnings go into the federal treasury." Wikipedia