https://padlet.com/harmanjot328/n9em1wjz2lol Hello everyone, Today I am going to talk about Bank of Canada and financial institutions. Bank is a financial institution that we use to deposit our money, finance things like home or commercial properties and to make purchases through credit cards. Bank of Canada serves as main financial institute that sets up all the rules, policies and benchmarks. Here I am going to show some websites, photos and videos of bank of Canada to overview how Bank of Canada operates. en-us 2019-04-01 22:29:00 UTC 2024-05-31 18:16:59 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Balance.png harmanjot328 https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347414717 This website tells us the information and the history of the Bank Of Canada. Moreover the tells us when the institution was started and the information regarding the senior management of the bank which are responsible for all rule and regulation of the Bank Of Canada.

]]> 2019-04-01 23:04:47 UTC https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347414717 harmanjot328 https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347426309 The new Bank of Canada museum. The old museum was closed in 2013 for renovation purpose and reopen after 4 years. This museum is very helpful to promote the financial welfare of Canadians. Ken Ross the director of bank of Canada museum also explains some interesting things of museum in video.  


]]> 2019-04-02 00:26:13 UTC https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347426309 harmanjot328 https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347439162 The information of the video shows that the modernization of the new building of Bank of Canada in Ottawa. The renovation was necessary to meet the safety and security of the central bank of Canada. Moreover, better work place was essential for modern technology which is used in modern era. All the traditional was restore in the same building. ]]> 2019-04-02 01:30:15 UTC https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347439162 harmanjot328 https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347439562 This video helps a lot to know about the security features present in the polymer bank notes made by Bank of Canada. These notes are secure, durable and innovative. It is very easy to check these notes that these are genuine or fake. These notes are made from single piece of polymer. By this thing it is very easy to know the difference between original and fake note by feel then, by looking them and by flip them. These notes have two transparent windows which are very useful as a security feature. One large window has metallic building which changes the color and other window is maple leaf window which has hidden number same as the value of note. So overall this video is very informative in many ways.  ]]> 2019-04-02 01:32:47 UTC https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347439562 harmanjot328 https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347441373 Bank of Canada increase the interest rate in last year in June. Many factors were involved behind it. The bank income was less and Bank of Canad started going down in case of economy. The amount was increased by $13 per month if you have $100,000 mortgage. This video was very helpful to know about the reasons behind the increase in the interest rates.]]> 2019-04-02 01:42:42 UTC https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347441373 harmanjot328 https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347451357 It is based on the unclaimed balances which tells us the interest rates, benefits and the information regarding accounts,deposits, negotiable instruments, communication, retention period, exchange of currency and the charges of the Transactions or interest rate of deposits and withdrawal of money. ]]> 2019-04-02 02:43:20 UTC https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347451357 harmanjot328 https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347451708   
It tells us about the rules and regulation of the Bank of Canada which are made by the Govt. of Canada that is the official status of consolidations. it contains the Acts of the institution which are responsible for any kind of the regulation such as management, executive Committee, Bank staff, Business and powers, Note issue and removal, offences and punishment, liability and reserve funds etc.]]> 2019-04-02 02:45:33 UTC https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347451708 harmanjot328 https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347451943 It tells us the information regarding the monetary policy of Bank of Canada like as the commitment to stable the economy of the bank and the provide genuine inflation to Canadian firms and the companies that is responsible for the credibility that is helpful for inflation less and relatively stable.]]> 2019-04-02 02:46:41 UTC https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347451943 harmanjot328 https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347452334 This image explains about the mortgage rates increased or decreased from 1935 to today. Mortgage rates are depends on the prime rates. If prime rate increases then mortgage also increases and vice-versa. Right now the prime of Bank of Canada is 3.95%.]]> 2019-04-02 02:48:45 UTC https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347452334 harmanjot328 https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347454511 This Image explains the economic growth rate. The economical growth rate is depend on the GDP. GDP means gross domestic products, it includes the goods and services produced in the Canadian economy. The GDP is measured yearly or quarterly. From this overall the economy of few years explained. ]]> 2019-04-02 03:00:48 UTC https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347454511 harmanjot328 https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347458854 2019-04-02 03:28:53 UTC https://padlet.com/harmanjot328/n9em1wjz2lol/wish/347458854