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Financial institutions can help cities, towns and communities by providing financial stability to the community and giving them investment and capital possibilities. For example, providing loans and mortgages are examples of the important role of financial institutions.
The purpose of the Proclamation of 1763 was to prevent further white settlement on American Indian lands. This is still of importance to First Nations living in both Canada and the United States today. A line was drawn along the Appalachian Mountains where settlement was forbidden and this was essentially the line of demarcation between British Canada and the Colonies.