1. What were the total assets of the Bank of Canada when it opened for business?
2. What were the various amounts of such assets under headings of: (1) dominion gold; (2) hank gold; (3) securities; (4) Canadian government account; (5) assets of any other nature?
1 and 2. In so far as the government is in a position to give the information, the answer to the questions will be found in the statement of assets and liabilities of the
Bank of Canada published in the Canada Gazette on the 16th of March, supplemented by the following:
The amount of gold held as security for dominion notes in circulation, transferred to the bank was $69,455,439.44, valued at $20.67 a fine ounce.
Subtopic: BANK OF CANADA-ASSETS