Bank of Canada

Bank of Canada headquarters, Ottawa


The Bank of Canada (Banque du Canada) is Canada's central bank. It is not a commercial bank and does not offer banking services to the public. It has responsibilities for Canada's monetary policy, bank notes, financial system and funds management. The Bank is not a government department and conducts its activities with considerable independence compared with most other federal institutions. It was established in March 1935 as a privately owned corporation and became a Crown corporation belonging to the federal government in 1938. The Bank's Ottawa headquarters was designed by world-renowned Canadian architect Arthur Erickson in 1969. As of December 31, 2016, Bank of Canada had total assets of C$106.1 billion, loans and receivables of C$8.3 billion, deposits of C$22.8 billion and bank notes in circulation of C$80.5 billion.

Four main functions:
Monetary Policy
Financial System
Funds Management

Head Office address:
234 Wellington Street
Ottawa, ON K1A 0G9
Opening Hours: Monday - Friday, from 9:00 to 17:00
Phone number: 1 800 303 1282 (toll-free, North America)

Bank of Canada Regional Offices

British Columbia and the Yukon
Vancouver, BC
200 Granville Street
Suite 2710, V6C 1S4

Prairie Provinces, Nunavut, and Northwest Territories
Calgary, AB
308 - 4th Avenue, S.W.
Suite 2411, T2P 0H7

Toronto, ON
150 King Street West
Suite 2000, M5H 1J9

Montreal, QC
1501 McGill College Avenue
Suite 2030, H3A 3M8

Atlantic Provinces
Halifax, NS
1701 Hollis Street
13th Floor, B3J 3M8

New York Office
New York, NY
Canadian Consulate General
1251 Avenue of the Americas
10020-1151, USA