Bankofcanada.ca is the official website of the Bank of Canada, the country's central bank. The website provides comprehensive information on the bank's role, policies, and initiatives. It offers a wealth of resources, including economic research, financial data, and educational materials. Users can access the latest news, speeches, and publications from the bank's officials, gaining insights into the Canadian economy and monetary system. The website also provides information on the bank's regulatory functions, such as overseeing the stability and efficiency of the financial system. Overall, bankofcanada.ca serves as a valuable platform for individuals, businesses, and researchers seeking to understand and engage with the Bank of Canada's operations.

It has handled around C$1,334.73 billion of the total assets. Royal Bank of Canada had generated revenue of around C$41.27 billion in the year 2018. It employs around 78,000 employees.educba.comRoyal Bank of Canada was founded in 1864, and its headquarter is situated in Toronto. Royal Bank of Canada is the 2 nd largest bank in terms of assets controlling.

In its outlook for the economy, the Bank of Canada said it expects growth in the second quarter to pick up to an annual rate of 6.0 per cent, an increase from 3.0 per cent in the first quarter.cp24.comAt the start of the pandemic the Bank of Canada bought billions in government bonds, in a move designed to keep money flowing when the economy shuddered to a halt.

Inflation is how we measure increasing prices for goods and services each year. The Bank of Canada works to keep our inflation rate at about 2%. The Bank of Canada has raised interest rates by 0.25%.gtdebtsolutions.comThe Bank of Canada’s role is “to promote the economic and financial welfare of Canada.” One of their primary functions is to control the rate of inflation within the country.