why is Canadian banks called chartered banks? 

a). Because  they receive a chater to print money.  

B). Because they receive a chater to operate in a specific province.                                                       

C). Because they are run by chartered accounts.           

D). Because they receive a chater under the bank act.                                                                                    

E). Because they are protected under the charter of rights and freedoms

Answer rating: 100% (QA)

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