Bank of Canada Act

Bank of Canada Act
Parliament of Canada
  • An Act respecting the Bank of Canada
CitationSC 1934 (24 & 25 Geo V), c 43; RSC 1985, c B-2
Enacted byHouse of Commons of Canada
EnactedJune 30, 1934
Enacted bySenate of Canada
Assented toJuly 3, 1934
CommencedMarch 1935
Legislative history
First chamber: House of Commons of Canada
Bill title19
Introduced byEdgar Nelson Rhodes
First readingFebruary 22, 1934
Second readingMarch 8-9, 1934
Third readingJune 27-28, 1934
Second chamber: Senate of Canada
Bill title19
Member(s) in chargeArthur Meighen
First readingJune 28, 1934
Second readingsame as above
Third readingJune 30, 1934

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 1993 Royal Commission on Banking and Currency.