What the heck is that thing?
The “thing” looming over Bank Street, summer 2015.
Anybody wandering past the Bank of Canada’s Ottawa head office cannot be blamed for staring at the curious structure looming over Bank Street and wondering “What the heck is that thing?”
Good question.
In an Ottawa Sun article from July 2015, reporter Keaton Robbins asked a similar question of a number of passers by on Bank Street. Apparently only one of them answered correctly. Some people thought it was a parking garage, others a monument, public art or a train station. A popular guess was a skateboard park but the most common response was some variant of “I have absolutely no idea.”
It seems a pretty strange building but now it has a solid roof, glass walls and doors. Doors? Ah, there’s your clue. It’s no skateboard park—it’s the entrance pyramid for the Bank of Canada Museum.
Underneath the bumble bee tarps is a glass curtain wall. February 2016.
The new Bank of Canada Museum entrance illustration. The Yap Stone will probably live here as well.
For all of us at the Museum, that entrance is a very big deal. For 30 years, the Currency Museum lived quietly in the back of the Bank’s original head office building. Problem was, the Museum was invisible from the street. The Museum’s current Director admits that the first time he found the Currency Museum it was by complete accident. In fact, one of the ways the Museum was typically described in those days was as a “hidden gem.”
Well, we’re done hiding. The Museum team is very pleased to have a big, bright street-level entrance that will make the Museum a prominent feature of one of Canada’s most popular tourist districts. Anybody “stumbling upon” the Bank of Canada Museum will have to stumble into an enormous wall of glass and steel—so please, do take care.
The Museum pyramid has another purpose, to act as a skylight for the warm and welcoming reception area beneath it. With the sunlit stairs and the broad view of the skyline provided by the glass portico, there will be little sense of being below ground. In terms of design, we are in good company with other museum renovations such as that of Royal Ontario Museum’s Michael Lee-Chin Crystal and the Louvre Pyramid.
The portico roof is a green roof with public seating for events and outdoor lunching. 
The Bank of Canada Plaza will continue to be a public gathering space and extension of the Sparks Street Mall. With the terraced seating on the green roof of the Museum pyramid, the plaza will be a better place than ever to share lunch with colleagues or enjoy the sunshine.
The Bank of Canada Museum portico from the back, looking towards Parliament Hill.
Having lunch on us.
So when we re-open in 2017, we’ll invite you to have your lunch on the Bank of Canada Museum—literally.
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The Museum Blog
May 22, 2025
Speculating on the piggy bank
By: Graham Iddon
Ever since the first currencies allowed us to store value, we’ve needed a special place to store those shekels, drachmae and pennies. And the piggy bank—whether in pig form or not—has nearly always been there.
Content type(s):
Blog posts
Subject(s):
Arts,
Business,
Economics,
English language arts,
Financial literacy,
Geography,
Health,
History,
Math,
Science
Grade level(s):
Grade 09 / Secondary 3,
Grade 10 / Secondary 4,
Grades 11 and 12 / Secondary 5
February 26, 2025
New acquisitions—2024 edition
Bank of Canada Museum’s acquisitions in 2024 highlight the relationships that shape the National Currency Collection.
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Blog posts
February 11, 2025
Money’s metaphors
Buck, broke, greenback, loonie, toonie, dough, flush, gravy train, born with a silver spoon in your mouth… No matter how common the expression for money, many of us haven’t the faintest idea where these terms come from.
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August 6, 2024
Treaties, money and art
The Bank of Canada Museum’s collection has a new addition: an artwork called Free Ride by Frank Shebageget. But why would a museum about the economy buy art?
Content type(s):
Blog posts
Subject(s):
Arts,
History
July 16, 2024
Rai: big money
By: Graham Iddon
An item is said to have cultural value when it can be directly associated with the history, people, beliefs or rituals important to a society. It’s the same with a rai—its value can be greater depending upon who authorized it, who carved it and who subsequently owned it.
Content type(s):
Blog posts
Subject(s):
Economics,
Geography,
History
Grade level(s):
Grades 11 and 12 / Secondary 5
April 18, 2024
Lessons from the Great Depression
By: Graham Iddon
What the stock market crash of 1929 did was starkly reveal the weaknesses of economic systems that had evolved from the unregulated capitalism of the late 19th century.
Content type(s):
Blog posts
Subject(s):
Financial literacy,
History
Grade level(s):
Grade 09 / Secondary 3,
Grade 10 / Secondary 4,
Grades 11 and 12 / Secondary 5
March 25, 2024
Welcoming Newfoundland to Canada
By: David Bergeron
Newfoundland’s entry into Confederation marked the end of an era when Canadian provinces issued their own coins and paper money.
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