Stephen S Poloz: Opening statement before the Senate Standing Committee on Banking, Trade and Commerce Speech by Mr Stephen S Poloz, Governor of the Bank of Canada, to the Senate Standing Committee on Banking, Trade and Commerce, Ottawa, Ontario, 29 October 2014. *  *  *  Good afternoon, Mr. Chairman and committee members.
See Article 128(1) of the Treaty on the Functioning of the European Union. 7. The fact that euro banknotes and coins enjoy the status of legal tender means that they are a valid means of payment to settle a monetary debt unless the parties have agreed on another means of payment.