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Which of the following best describes the ownership of the Bank of Canada? a. It is privately owned by the chartered banks and was created
Which of the following best describes the ownership of the Bank of Canada?
a. It is privately owned by the chartered banks and was created it to act as a regulatory body for all licensed Canadian financial institutions.
b. It is publicly owned by all Canadian citizens as it was created to keep Canadian financial institutions in check.
c. The federal government owns it, but it operates independently from the government.
d. It is owned by shareholders and the shares are readily available on Canadian stock markets.
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