Bank of Canada · Ottawa, ON Canada

Whether you say "bank" or "banque", the Bank of Canada is the country's central bank. It is responsible for setting monetary policy (by setting interest rates), issuing and safeguarding currency from counterfeiting, managing the Canadian banking system, and managing funds for the government and other clients. The Bank of Canada works through six regional offices, including one in New York City. A governor, senior deputy governor, 12 outside directors, and the Deputy Minister of Finance oversee the bank, which averages a $1.8 billion profit annually. The funds are contributed to the government. The Bank of Canada was formed in 1934 as a private entity; it became part of the government four years later. To read the full description, subscribe now.