September 28, 2015
Before banks were established in remote regions of Canada, paying employees involved shipping currency long distances into wild and often lawless locations. The alternative to this risky enterprise was for the company to issue its own money. Called scrip…
August 19, 2015
During 1952, Comfort produced a number of pencil and watercolour design models for the face of the new notes. Some were updates of the traditional style while others were radically modern treatments.
July 21, 2015
In the mid 60s, high denomination notes were in such low circulation that Bank of Canada Governor Louis Rasminsky and the Minister of Finance discussed the possibility of actually dropping the denomination altogether.
June 23, 2015
The Canadian financial system of today is diverse… A little known but once prolific system member was loan and building societies. These firms made loans for the construction or purchase of property against mortgages as collateral.
May 21, 2015
Everyone loves getting presents, and we’re no exception. We recently received a very exciting donation of 50 silver coins. The collection was purchased in Lima, Peru, at an estate sale in the 1950s.
February 26, 2015
What do you think of when you think of money? Is it coins? Is it bank notes? Three-hundred years ago people weren’t sure bank notes were really money; it took a long time for them to get used to the idea.