To put it simply: the Mint makes coins and the Bank makes bank notes
“Is this the place I can pick up that gold bar? “
“So you guys make the coins, right?”
If we had a nickel for every time people asked questions like that, we’d have… Well, I suppose we have roughly that number of nickels already; we have a long history as a currency museum after all. When the museum was open, somebody would ask a similar question several times a week. We’ve even had visitors argue with us, convinced that we were the Mint and they had made reservations for a tour. It was also a regular occurrence for a busload of school children to come see us when they were meant to go to the Mint and vice-versa.
It seems that the Royal Canadian Mint and the Bank of Canada get easily confused in the minds of the public. Both are crown corporations that produce currency and the Bank’s museum featured dozens of display cases stuffed with coins. Who can blame our visitors for being confused, really? All that’s required is a little education.
That’s what we’re here for and that’s why our new museum will be showcasing the four functions of the Bank of Canada - functions that, important as it is in its own right, the Mint does not share with us.
- Designing, producing and distributing Canada’s bank notes, replacing worn notes, deterring counterfeiting through leading-edge bank note design, public education and collaboration with law-enforcement agencies.
- Contributing to solid economic performance and rising living standards for Canadians by keeping inflation low, stable and predictable. Since 1991, the Bank’s monetary policy actions toward this goal have been guided by a clearly defined inflation target.
- Promoting a stable and efficient financial system in Canada and internationally.
- Providing effective and efficient funds-management services for the Government of Canada, as well as on its own behalf and for other clients.
All that being said, the Mint really is a great place to visit. We strongly recommend you take a tour. In a few years, you can tour us too. Please remember, though, we’ll be the ones on Wellington Street where they don’t make the coins.
We want to hear from you! Do you have an idea for a blog post you’d like to see?
Content type(s):
Blog posts
The Museum Blog
September 22, 2026
The Money of Bytown
By: David Bergeron
Bytown was a frontier town built on the construction of the Rideau Canal and a booming lumber industry. Access to different forms of money and banking facilities provided the liquidity necessary for the town to prosper into Canada’s capital.
Content type(s):
Blog posts
September 18, 2026
Teaching with the Vertical $20
Engage students with creative activities linking the new bank note to careers, civics, history, social studies and art.
Content type(s):
Blog posts
Subject(s):
Arts,
Careers,
Financial literacy,
History,
Indigenous studies
Grade level(s):
Grade 04,
Grade 05,
Grade 06,
Grade 07 / Secondary 1,
Grade 08 / Secondary 2,
Grade 09 / Secondary 3,
Grade 10 / Secondary 4
July 20, 2026
A summer road trip of Canadian tokens
By: Graham Iddon
We took a virtual road trip through nearly every Canadian province and territory via trade and souvenir tokens.
Content type(s):
Blog posts
June 22, 2026
Reminiscences of the 1976 Montréal Olympic Coin Program
By: David Bergeron
The Olympic Coin Program was novel, ambitious, record-breaking and for some, life-changing—much like the Olympic Games that the program helped finance.
Content type(s):
Blog posts
