e-337 (Bank of Canada)
- Keywords
- 8545-421-107-01 Government Response to petitions concerning the Bank of Canada
- Bank of Canada
- Government borrowing
- Interest rates
Original language of petition: English
Petition to the Government of Canada
- Since 1974 Canadians have been paying billions in needless interest to international financiers called the Bank of International Settlements;
- Before this, the publicly-owned Bank of Canada had a mandate and practice of lending interest-free money to federal, provincial, and municipal governments for infrastructure and healthcare spending;
- Since this switch Canadian taxpayers have been needlessly paying anywhere from $20 billion to $60 billion a year in compounded interest; and
- This is money that could have been used to better the lives of every single Canadian, and instead we have been needlessly paying large sums of money with no gain and massive losses for Canada.
- Open for signature
- May 31, 2016, at 5:10 p.m. (EDT)
- Closed for signature
- September 28, 2016, at 5:10 p.m. (EDT)
- Presented to the House of Commons
-
Elizabeth May
(Saanich—Gulf Islands)
November 2, 2016 (Petition No. 421-00858) - Government response tabled
- January 30, 2017
Only validated signatures are counted towards the total number of signatures.
Province / Territory | Signatures |
---|---|
Alberta | 124 |
British Columbia | 306 |
Manitoba | 18 |
New Brunswick | 21 |
Newfoundland and Labrador | 5 |
Northwest Territories | 2 |
Nova Scotia | 26 |
Nunavut | 1 |
Ontario | 396 |
Prince Edward Island | 6 |
Quebec | 313 |
Saskatchewan | 35 |