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20 sats \ 9 replies \ @Coinsreporter 12 Mar \ parent \ on: Bank of Canada delivers 7th consecutive rate cut econ
Fiat that has the queen printed on it.
Also..
Do you feel owned by Canada? If you do, you're owned by UK as you have a UK governor and a UK bank.
Canada doesn't operate under the UK central bank.
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No, just the same central banker. Huge difference.
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Replying to #911659
Why does it say that it operates under Crown Corporation?
I can understand it's not directly under, nor does Canada but too much use of Crown and Queen just makes Canada look more like a British Colony.
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I think you are making too much of this. In Canada in a given year Canadians think about the UK, the queen/king, or the governor general about 0 times.
It's a constitutional monarchy. It's just the way the deal was structured in 1867. Maybe one day there will be a full break from the monarchy but I don't really think anyone cares enough to pursue that because the UK really has nothing to do with what happens in Canada other than the Queen's picture being on the $20, having a holiday for queen victoria's birthday and the governor general attending ceremonies and signing documents on behalf of the crown.
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When Trump has Blackrock buy Canada from the King, you'll probably wish that clean break had happened earlier.
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Lol! They are talking about the probability of the same!
I still need to make my ask SN post about buying Canada. Thanks for reminding me. Maybe Friday. A bit busy tomorrow.
I think you are making too much of this.
No, it's too much that Canada has nothing to do with UK, but the governor general signs on behalf of the crown.
But ok I apologise, 🙏 just checked on your patience I guess. 🤣
I'm trying to understand and relate it to 1947 to 1950 India when we also had governer general until the Indian constitution became functional on January 26 1950.*
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Haha got me there.
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