Question

Bank of Canada (BoC)

The Bank of Canada (BoC) is Canada's central bank. Some of the statements are accurate in their description about the BoC, whereas others are not. Classify each statement as accurate about the BoC or inaccurate. Each statement is only used once.

Accurate statements: 


Inaccurate Statements: 


Answer bank:

The BoC belongs to the federal gov't, but is not a gov't department


The BoC is in charge of deterring the counterfeiting of Canadian banknotes


The BoC is a commercial bank


The BoC belongs to the federal gov't and is also a gov't department


The BoC offers banking services to the public


The BoC is in charge of producing, designing, and distributing Canada's bank notes


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