Central Fund of Canada (CEFA) 40-F 2004 FY Annual report (Canada)

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EXHIBIT 99.4

CONSENT OF INDEPENDENT CHARTERED ACCOUNTANTS

        We consent to the incorporation by reference in this Annual Report (Form 40-F) of Central Fund of Canada Limited of our report dated November 21, 2003, with respect to the financial statements of Central Fund of Canada Limited included in the 2003 Annual Report to Shareholders of Central Fund of Canada Limited.

Toronto, Canada
November 21, 2003	Chartered Accountants

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CONSENT OF INDEPENDENT CHARTERED ACCOUNTANTS