The Case Against The Bank of Canada: Interview with Plaintiffs' Attorney Rocco Galati

In 2011, the Committee for Monetary and Economic Reform (COMER) and two private citizens sued the Canadian government. The plaintiffs alleged that the Bank of Canada “is the only central bank among the G-8 countries that is a ‘public’ bank created by statute and accountable to the legislative and executive branches of Government.” They also argued that the bank’s secretive dealings and particular accounting practices further undermine the ability of the government to meet its constitutional obligations to provide economic security to the Canadian people. The case is  Committee for Monetary and Economic Reform v. Canada (2014 FC 380), and the plaintiffs' attorney is Rocco Galati. Here, he is interviewed by the Canadian Broadcasting Corporation.


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