BANK OF CANADA
NATIONALISATION PLANS ' OTTAWA, March 14. • The Minister for Finance (Mr E. N.. Rhodes) has given notice that the nationalisation of the. §ank of Canada will be carried out by an increase of capital . stock from 5.000. dollars to 11,000,300 dollars, with the purchase of. an extra 6.000. dollars* worth of • shares by the Government' to ensure control. Mr Graham Towers will continue' as Governor, with the Governmeiit appointing a majority of fixe directors. v '
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Press, Volume LXXII, Issue 21733, 16 March 1936, Page 9
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77BANK OF CANADA Press, Volume LXXII, Issue 21733, 16 March 1936, Page 9
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