Comparing and contrasting the structure and operation of the central bank of the United Statesthe Federal Reserveand the central bank of Canada.

Please note the example from the Bank of Canada website where you can find financial structure information: Bank of Canada website Core Functions Financial System.

http://www.bankofcanada.ca/

1. How was the Bank of Canada established?
2. What is the financial structure of the bank of Canada?
3. What role does the bank of Canada have in the process of financial intermediation and the Federal Reserve play in that process?
4. Do these central banks operate as independent entities with monetary autonomy?
5. How do firms borrow and lend, and how do the central banks help facilitate that process?