Bank of Canada Lawsuit

Nelson, Joyce
Date Written:  2016-01-01
Publisher:  Watershed Sentinel
Year Published:  2016
Resource Type:  Article
Cx Number:  CX18967

One of the most important legal cases in Canadian history is slowly inching its way towards trial. Launched in 2011 by the Toronto-based Committee on Monetary and Economic Reform (COMER), the lawsuit would require the publicly-owned Bank of Canada to return to its pre-1974 mandate and practice of lending interest-free money to federal, provincial, and municipal governments for infrastructure and healthcare spending.

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