Finance Canada


  • A Federal Department that is responsible for Canada's economic performance and the regulation of financial institutions.


Relevant Locations

Ministère des Finances Canada, Department of Finance Canada

Related Terms and Acronyms

  • Bank of Canada (BC, BOC) Company Est. 1935, Ottawa, Ontario, Canada, Important,
    • Canada's central bank.
    Canada's central bank.
  • Canada Deposit Insurance Corporation (CDIC) Company Est. 1967, Ottawa, Ontario, Canada, Important,
    • A crown corporation that provides deposit insurance against the loss of deposits made with member financial institutions.
    Government of Canada federal crown corporation.
  • Canadian Payments Association (CPA) Company, Canada,
    • This association, which is composed of several financial institutions and the Bank of Canada, operates a national clearing system for financial institution payments.
  • Central Bank Definition,
    • An institution that manages a nation's monetary policy.
  • Deposit Insurance Definition,
    • The Canada Deposit Insurance Corporation insures depositors' funds to a maximum of $60,000 per depositor, per institution, with some exceptions, in the event of the failure of a federal financial institution. Deposits in some provincial financial institutions are also covered.
  • Specialized Financing Corporation Definition,
    • A term in the Bank Act referring to specialized business-management services such as making investments, negotiating mergers and acquisitions and many other services traditionally offered as merchant-banking services.
Compare. Calculate. Apply today.
Compare Mortgage RatesMortgage CalculatorsApply for a Mortgage