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Royal Commission On Banking And Currency
The Royal Commission on Banking and Currency (also known as the Macmillan Commission) was a 1933 Canadian royal commission tasked with reviewing the Canadian government's involvement in monetary policy. Chaired by Scottish jurist Hugh Macmillan, it also included Bank of England director Sir Charles Addis, former Canadian Finance Minister William Thomas White, Banque Canadienne de Montreal general manager Beaudry Leman, and Premier of Alberta John Edward Brownlee.Foster 217 The Order in Council creating the commission was issued July 31, 1933, and the first meeting was held in Ottawa August 8. Meetings across the country followed until the commission completed its hearings in Ottawa on September 15. The commission's two major recommendations were the establishment of a Canadian central bank (passed by a 3–2 margin with White and Leman in opposition) and the establishment of an inquiry "to investigate the existing organizations for the provision of rural credit with a view to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commissioners
A commissioner (commonly abbreviated as Comm'r) is, in principle, a member of a commission or an individual who has been given a commission (official charge or authority to do something). In practice, the title of commissioner has evolved to include a variety of senior officials, often sitting on a specific commission. In particular, the commissioner frequently refers to senior police or government officials. A high commissioner is equivalent to an ambassador, originally between the United Kingdom and the Dominions and now between all Commonwealth states, whether Commonwealth realms, republics or countries having a monarch other than that of the realms. The title is sometimes given to senior officials in the private sector; for instance, many North American sports leagues. There is some confusion between commissioners and commissaries because other European languages use the same word for both. Therefore titles such as ''commissaire'' in French, ''Kommissar'' in German and ''c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ottawa
Ottawa (, ; Canadian French: ) is the capital city of Canada. It is located at the confluence of the Ottawa River and the Rideau River in the southern portion of the province of Ontario. Ottawa borders Gatineau, Quebec, and forms the core of the Ottawa–Gatineau census metropolitan area (CMA) and the National Capital Region (NCR). Ottawa had a city population of 1,017,449 and a metropolitan population of 1,488,307, making it the fourth-largest city and fourth-largest metropolitan area in Canada. Ottawa is the political centre of Canada and headquarters to the federal government. The city houses numerous foreign embassies, key buildings, organizations, and institutions of Canada's government, including the Parliament of Canada, the Supreme Court, the residence of Canada's viceroy, and Office of the Prime Minister. Founded in 1826 as Bytown, and incorporated as Ottawa in 1855, its original boundaries were expanded through numerous annexations and were ultimat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currencies Of Canada
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "currency ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Canada
Banking in Canada is one of Canada's most important industries with several banks being among its largest and most profitable companies. It is dominated by a small number of large banks, with the six largest combining for 90% of the market share. The two largest, the Royal Bank of Canada and the Toronto Dominion Bank are among the world's 25 largest banks. It has been considered to be one of the safest and soundest banking systems in the world, and avoided major problems in the Financial crisis of 2007–2008.World Economic Forum - Global Competitiveness Report . Canada's banks have high service levels and investments in technology. A report released by the office of the |
Royal Commissions In Canada
Royal may refer to: People * Royal (name), a list of people with either the surname or given name * A member of a royal family Places United States * Royal, Arkansas, an unincorporated community * Royal, Illinois, a village * Royal, Iowa, a city * Royal, Missouri, an unincorporated community * Royal, Nebraska, a village * Royal, Franklin County, North Carolina, an unincorporated area * Royal, Utah, a ghost town * Royal, West Virginia, an unincorporated community * Royal Gorge, on the Arkansas River in Colorado * Royal Township (other) Elsewhere * Mount Royal, a hill in Montreal, Canada * Royal Canal, Dublin, Ireland * Royal National Park, New South Wales, Australia Arts, entertainment, and media * ''Royal'' (Jesse Royal album), a 2021 reggae album * ''The Royal'', a British medical drama television series * ''The Royal Magazine'', a monthly British literary magazine published between 1898 and 1939 * ''Royal'' (Indian magazine), a men's lifestyle bimonthly * Royal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1933 In Canada
Events from the year 1933 in Canada. Incumbents Crown * Monarch – George V Federal government * Governor General – Vere Ponsonby, 9th Earl of Bessborough * Prime Minister – Richard Bedford Bennett * Chief Justice – Francis Alexander Anglin (Ontario) (until 28 February) then Lyman Poore Duff (British Columbia) * Parliament – 17th Provincial governments Lieutenant governors *Lieutenant Governor of Alberta – William Legh Walsh *Lieutenant Governor of British Columbia – John William Fordham Johnson * Lieutenant Governor of Manitoba – James Duncan McGregor *Lieutenant Governor of New Brunswick – Hugh Havelock McLean *Lieutenant Governor of Nova Scotia – Walter Harold Covert *Lieutenant Governor of Ontario – Herbert Alexander Bruce *Lieutenant Governor of Prince Edward Island – Charles Dalton (until December 9) then George Des Brisay de Blois (from December 28) *Lieutenant Governor of Quebec – Henry George Carroll *Lieutenant Governor of Sa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toronto
Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the anchor of the Golden Horseshoe, an urban agglomeration of 9,765,188 people (as of 2021) surrounding the western end of Lake Ontario, while the Greater Toronto Area proper had a 2021 population of 6,712,341. Toronto is an international centre of business, finance, arts, sports and culture, and is recognized as one of the most multicultural and cosmopolitan cities in the world. Indigenous peoples have travelled through and inhabited the Toronto area, located on a broad sloping plateau interspersed with rivers, deep ravines, and urban forest, for more than 10,000 years. After the broadly disputed Toronto Purchase, when the Mississauga surrendered the area to the British Crown, the British established the town of York in 1793 and later ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Toronto Press
The University of Toronto Press is a Canadian university press founded in 1901. Although it was founded in 1901, the press did not actually publish any books until 1911. The press originally printed only examination books and the university calendar. Its first scholarly book was a work by a classics professor at University College, Toronto. The press took control of the university bookstore in 1933. It employed a novel typesetting method to print issues of the ''Canadian Journal of Mathematics'', founded in 1949. Sidney Earle Smith, president of the University of Toronto in the late 1940s and 1950s, instituted a new governance arrangement for the press modelled on the governing structure of the university as a whole (on the standard Canadian university governance model defined by the Flavelle commission). Henceforth, the press's business affairs and editorial decision-making would be governed by separate committees, the latter by academic faculty. A committee composed of Vincen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lloydminster, Alberta
Lloydminster is a city in Canada which has the unusual geographic distinction of straddling the provincial border between Alberta and Saskatchewan. The city is incorporated by both provinces as a single city with a single municipal administration. History Intended to be an exclusively British utopian settlement centred on the idea of sobriety, Lloydminster was founded in 1903 by the Barr Colonists, who came directly from the United Kingdom. At a time when the area was still part of the North-West Territories, the town was located astride the Fourth Meridian of the Dominion Land Survey. This meridian was intended to coincide with the 110° west longitude, although the imperfect surveying methods of the time led to the surveyed meridian being placed a few hundred metres (yards) west of this longitude. The town was named for George Lloyd, an Anglican priest who would become Bishop of Saskatchewan in 1922. Lloyd was a strong opponent of non-British immigration to Canada. Durin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank (" lender of last resort"); * Reserve management: managing a c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Order In Council
An Order-in-Council is a type of legislation in many countries, especially the Commonwealth realms. In the United Kingdom this legislation is formally made in the name of the monarch by and with the advice and consent of the Privy Council (''King-in-Council''), but in other countries the terminology may vary. The term should not be confused with Order of Council, which is made in the name of the Council without royal assent. Types, usage and terminology Two principal types of Order in Council exist: Orders in Council whereby the King-in-Council exercises the royal prerogative, and Orders in Council made in accordance with an Act of Parliament. In the United Kingdom, orders are formally made in the name of the monarch by the Privy Council ('' King-in-Council or Queen-in-Council''). In Canada, federal Orders in Council are made in the name of the Governor General by the King's Privy Council for Canada; provincial Orders-in-Council are of the Lieutenant-Governor-in-Council by the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hugh Macmillan, Baron Macmillan
Hugh Pattison Macmillan, Baron Macmillan, (20 February 1873 – 5 September 1952) was a Scottish advocate, judge, parliamentarian and civil servant.Pine, p.187 Life He was born in Glasgow, the son of the Rev Hugh Macmillan DD FRSE (1833-1903) and Jane Patison (1833-1922). His father was minister of St Peter's Free Church in Glasgow. The family moved to 70 Union Street in Greenock in 1878. Hugh was educated at Collegiate School, Greenock from 1878, then studied at the University of Edinburgh (M.A. 1st class honours in philosophy, 1893 Bruce of Grangehill and Falkland Scholarship) and the University of Glasgow (LLB). He was indentured for three years to the firm Cowan, Fraser and Clapperton while he studied the Law, in which he distinguished himself by winning the Cunningham Scholarship for Conveyancing in the year 1896.Macmillan, p.23 He was admitted to the Faculty of Advocates in 1897 with a public defence of an assigned Thesis ''De diversis regulis juris antiqui'', and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
