The Bank of Canada is the country's central bank, established in 1934. Its primary role is to manage the nation's monetary policy, which includes controlling inflation and promoting a stable financial system. The bank issues Canadian currency and acts as a banker for the government. In addition to managing inflation, the Bank of Canada also oversees the country's payment systems and provides financial services to the government. It conducts research on economic issues and provides valuable information to help guide economic policy decisions in Canada.