The History of the Bank of Canada bankin_gros_cochon.gif A Fill-in-the-gap Activity

1. Fill in the blanks below. Use the words from the word list to help you type the missing word.
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3. For more help, go to the bottom of the screen and click on HINT for the first letter of the missing word.
4. Each click on HINT at the bottom of the screen will give you another letter to the missing word.
5. CLICK on CHECK when you’re finished for your score.

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   Bank of Canada      banking      branches      central      century      changed      communities      Confederation      independent      number      population      Prime Minister   
For the first fifty years after , Canadian leaders did not have any interest in having a central bank. It wasn't until 1913 that the Canadian looked at the subject of establishing a central bank.
The system that was introduced was different from the one in the United States. In the U.S. there were local banks. There was a much larger in the communities so this system of banking worked. However, in Canada the were small and spread-out. A system of limited of banks with many was developed. The branch banking system worked well for almost a .
By the 1930's, the country, the communities, and the political situation had . A bank needed to be established. In March,1935, the opened its doors as a privately owned institution.