Bank of Canada Act
| Bank of Canada Act | |
|---|---|
| Parliament of Canada | |
| |
| Citation | SC 1934 (24 & 25 Geo V), c 43; RSC 1985, c B-2 |
| Enacted by | House of Commons of Canada |
| Enacted | June 30, 1934 |
| Enacted by | Senate of Canada |
| Assented to | July 3, 1934 |
| Commenced | March 1935 |
| Legislative history | |
| First chamber: House of Commons of Canada | |
| Bill title | 19 |
| Introduced by | Edgar Nelson Rhodes |
| First reading | February 22, 1934 |
| Second reading | March 8-9, 1934 |
| Third reading | June 27-28, 1934 |
| Second chamber: Senate of Canada | |
| Bill title | 19 |
| Member(s) in charge | Arthur Meighen |
| First reading | June 28, 1934 |
| Second reading | same as above |
| Third reading | June 30, 1934 |
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legislature, enacted_by.The Bank of Canada Act (French: Loi sur la Banque du Canada) is a statute that sets out the governance structure and powers of the Bank of Canada, which was created in 1934 as Canada's central bank. It was created as the result of the 1933 Royal Commission on Banking and Currency.