https://padlet.com/chelseanyblom/9uzkumw144bx and Financal Institutions en-us 2018-12-02 15:19:52 UTC 2025-04-23 17:47:45 UTC hello@padlet.com chelseanyblom https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310170828 By Chelsea Nyblom]]> 2018-12-02 15:23:28 UTC https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310170828 chelseanyblom https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310171130 The bank of Canada is the central bank to the nation. It is responsible for formulating the monetary system in Canada. The financial institutions within Canada are responsible for each customers daily banking needs.]]> 2018-12-02 15:26:03 UTC https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310171130 chelseanyblom https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310175753 This website include information on the top five financial institutions in Canada. These banks include RBC, Toronto-Dominion, Scotiabank, BMO and Cibc. These banks make up 85% of the Canadian banking industry. These banks rise above others for their assets, deposits and capitalization. These banking institutions rank in order of largest to smallest in regards to assets, deposits, branches and employees. ]]> 2018-12-02 15:59:59 UTC https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310175753 chelseanyblom https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310190576 The bank of Canada is the nation's central bank. It is responsible for currency, funds management, financial system and it also conduct/enforce the monetary policies. The principal role the bank of Canada has it to "promote the economic and financial welfare of Canada". The Bank of Canada is operated and run by the Governing Council. The persons in charge of the bank and its operations are committed to publishing documents that describe the processes and acts in which they follow. This ensures a line of communication between those whom run the bank and the citizens of Canada.]]> 2018-12-02 17:30:22 UTC https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310190576 chelseanyblom https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310194322 Royal Bank of Canda is the top institution in Canada. This bank has a total of $655 billion in assets, approx $400 billion in deposits and almost 1200 branches nation wide. It is interesting to see these numbers and how your small amount can contribute to this large amount.]]> 2018-12-02 17:55:34 UTC https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310194322 chelseanyblom https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310194791 With nearly $560 billion in assets, $390 billion in deposits and more than 1100 institutions this makes TD Canada's second largest banking institution. TD Canada Trust was founded on February 1, 1955 in Toronto. ]]> 2018-12-02 17:59:06 UTC https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310194791 chelseanyblom https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310195738 The Bank of Nova Scotia falls 3rd within the big five institutions in Canada, with assets of $500 billion, deposits of $350 billion and 1000 branches. The bank of Nova Scotia was founded in 1832 in Halifax Regional Municipality.]]> 2018-12-02 18:05:38 UTC https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310195738 chelseanyblom https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310372879 The Bank of Canada is responsible for more then just the logistics of banking, they are also responsible for creating new bank notes. These bank notes have to be difficult to counterfeit yet also easy to authenticate. Whilst trying to maintain the practice of creating currency the Bank of Canada also focuses on the quality of the bank notes throughout its life cycle. This process is watched carefully from the beginning and throughout its life cycle. The Bank of Canada is also the only institution that is able to legally destroy bank notes at the end of their life cycle. ]]> 2018-12-03 12:58:55 UTC https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310372879 chelseanyblom https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310375515 This video is the press release of the monetary policy of 2018. Each year the Bank of Canada releases its new monetary policies for Canadians to know. These releases are the communication lines between the Bank of Canada and the citizens of Canada. ]]> 2018-12-03 13:05:41 UTC https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310375515 chelseanyblom https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310376677 This video shows the process in which money is made. It is interesting to see the scale in which it is made and to know that the counterfeit measures in which they use in the money can uphold through the process of making it. ]]> 2018-12-03 13:09:04 UTC https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310376677 chelseanyblom https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310380932 This interview is based on the interest rates and the amount of debt that Canadians are in. This is a growing concern as there is a federal investigation into the Canadian banks and how much they are lending and to whom they are lending to. It is interesting because 85% of Canadian citizens put our trust and money into these 5 major banking institutions.]]> 2018-12-03 13:16:47 UTC https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310380932 chelseanyblom https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310611693 2018-12-03 19:34:10 UTC https://padlet.com/chelseanyblom/9uzkumw144bx/wish/310611693