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The Bank of Canada (BoC; French: Banque du Canada) is a Crown corporation and Canada's central bank. [4] Chartered in 1934 under the Bank of Canada Act , it is responsible for formulating Canada's monetary policy, [ 5 ] and for the promotion of a safe and sound financial system within Canada. [ 6 ]
The Regional Municipality of Waterloo has 673,910 people as of year-end 2023, [5] making it the 10th-largest census metropolitan area (CMA) in Canada and the fourth-largest CMA in Ontario. Kitchener and Waterloo are considered "twin cities", which are often referred to jointly as "Kitchener–Waterloo" (K–W), although they have separate ...
The gap closed somewhat in the 1980s but at a much slower pace than in the 1960s. From 1961 to 1973 labour productivity rose annually by 3.3 percent in Canada and 1.7 percent in the United States. According to a 1997 IMF report, from 1973 to 1995 productivity growth was 1.1% in Canada and 0.8% in the United States. [50]
In 1840, the Durham Report recommended that Upper Canada (now Ontario) and Lower Canada (now Quebec) be united into one province. The newly created Legislative Assembly of the Province of Canada was required to have equal representation from Canada East (now Quebec) and Canada West (now Ontario), [ 33 ] even though the population of Canada East ...
Northern Ontario is a primary geographic and quasi-administrative region of the Canadian province of Ontario, the other primary region being Southern Ontario.Most of the core geographic region is located on part of the Superior Geological Province of the Canadian Shield, a vast rocky plateau located mainly north of Lake Huron (including Georgian Bay), the French River, Lake Nipissing, and the ...
Canada's fertility rate hit a record low of 1.4 children born per woman in 2020, [32] below the population replacement level, which stands at 2.1 births per woman. In 2020, Canada also experienced the country's lowest number of births in 15 years, [ 32 ] also seeing the largest annual drop in childbirths (−3.6%) in a quarter of a century. [ 32 ]
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