SCHEDULE II BANK
Schedule II Bank is a foreign bank’s subsidiary that is authorized to allow and accept deposits within Canadian territory. Canada’s Federal Bank Act regulates the financial institutions like Schedule II Bank. Its owners may be domestic or foreign. Unlike the Schedule I bank, a Schedule II bank may be owned by non-residents. However, all Schedule II banks are owned by Schedule I banks.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
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| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |
