I agree; it's not independent; it's a government organization. The misconception is that it had ownership briefly when it was created. In the end, I think government ownership works best in Canada. Combined with OSFI and other organizations, the regulation helps with our sitablity. Thanks again for contributing to this often-forgotten but essential topic.
The Bank of Canada is not independent.... Lets be real. What a crock.
I agree; it's not independent; it's a government organization. The misconception is that it had ownership briefly when it was created. In the end, I think government ownership works best in Canada. Combined with OSFI and other organizations, the regulation helps with our sitablity. Thanks again for contributing to this often-forgotten but essential topic.
Nice propaganda video.
Thanks for the comment. I have other videos that explore both sides of federal banking and how it is regulated.