On This Day
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Bank of Canada first opens on Wellington Street, Ottawa

The Bank of Canada (BoC; French: Banque du Canada) is a Crown corporation and Canada's central bank.

The Bank of Canada (BoC; French: Banque du Canada) is a Crown corporation and Canada's central bank. Chartered in 1934 under the Bank of Canada Act, it is responsible for formulating Canada's monetary policy, and for the promotion of a safe and sound financial system within Canada. The Bank of Canada is the sole issuing authority of Canadian banknotes, provides banking services and money management for the government, and loans money to Canadian financial institutions. The contract to produce the banknotes has been held by the Canadian Bank Note Company since 1935.

The Bank of Canada headquarters are located at the Bank of Canada Building, 234 Wellington Street in Ottawa, Ontario.

Historical Significance

The Bank of Canada (BoC; French: Banque du Canada) is a Crown corporation and Canada's central bank.

Events Before

  1. Federal Deposit Insurance Corporation (US bank guarantor) comes into effect

    Federal Deposit Insurance Corporation (US bank guarantor) comes into effect

  2. American comedian and actor Lou Costello (27) weds American burlesque dancer Anne Battler (21)

    Louis Francis Cristillo (March 6, 1906 – March 3, 1959), better known as Lou Costello, was an American comedian, actor and producer.

  3. FDR devalues the US dollar relative to gold to $35 per ounce

    FDR devalues the US dollar relative to gold to $35 per ounce

  4. British-American entertainer Bob Hope (30) weds American singer Dolores DeFina (24) in Erie, Pennsylvania, until his dea

    British-American entertainer Bob Hope (30) weds American singer Dolores DeFina (24) in Erie, Pennsylvania, until his death in 2003

  5. "It Happened One Night" directed by Frank Capra and starring Clark Gable and Claudette Colbert opens at NY's Radio City

    "It Happened One Night" directed by Frank Capra and starring Clark Gable and Claudette Colbert opens at NY's Radio City Music Hall (Academy Awards Best Picture, Director, Actor, Actress and Screenplay 1935)

Events After

  1. Roger Miller is born

    Roger Miller, American musician, known for american country musician, was born on 1936-01-02. Roger Dean Miller Sr.

  2. Billboard magazine publishes its first music hit parade

    A hit parade is a ranked list of the most popular recordings at a given point in time, usually determined either by sales or airplay.

  3. Actress Mary Pickford (44) divorces actor Douglas Fairbanks (52) after 15 years of marriage

    Actress Mary Pickford (44) divorces actor Douglas Fairbanks (52) after 15 years of marriage

  4. Screen Directors Guild incorporates in Hollywood and later elects King Vidor as its first president

    Screen Directors Guild incorporates in Hollywood and later elects King Vidor as its first president

  5. First players elected to the Baseball Hall of Fame: Ty Cobb, Babe Ruth, Honus Wagner, Christy Mathewson and Walter Johns

    First players elected to the Baseball Hall of Fame: Ty Cobb, Babe Ruth, Honus Wagner, Christy Mathewson and Walter Johnson

More from the 1930s

birth

David McKee is born

David McKee, British writer and illustrator, known for british writer and illustrator, was born on 1935-01-02.

birth

Jim Bakker is born

Jim Bakker televangelist, known for american televangelist, was born on 1939-01-02. James Orsen Bakker is an American televangelist and convicted felon.

birth

Roger Miller is born

Roger Miller, American musician, known for american country musician, was born on 1936-01-02. Roger Dean Miller Sr.

Claus von Stauffenberg is promoted to Second Lieutenant

Claus Philipp Maria Justinian Schenk Graf von Stauffenberg was a German army officer who is best known for his failed attempt on 20 July 1944 to assassinate Adolf Hitler at the Wolf's Lair, part of...

Frequently Asked Questions

What happened on March 11, 1935?
The Bank of Canada (BoC; French: Banque du Canada) is a Crown corporation and Canada's central bank. Chartered in 1934 under the Bank of Canada Act, it is responsible for formulating Canada's monetary policy, and for the promotion of a safe and sound financial system within Canada. The Bank of Canada is the sole issuing authority of Canadian banknotes, provides banking services and money management for the government, and loans money to Canadian financial institutions.
Why is Bank of Canada first opens on Wellington Street, Ottawa significant?
The Bank of Canada (BoC; French: Banque du Canada) is a Crown corporation and Canada's central bank.

Explore More

March 11 in HistoryYear 1935