Blog posts, , , History,
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May 22, 2025
Speculating on the piggy bank
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. -
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? -
July 16, 2024
Rai: big money
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. -
April 18, 2024
Lessons from the Great Depression
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. -
July 31, 2023
The Scenes of Canada series $100 bill
Few of us ever get a chance to see a Scenes of Canada $100 bill. Which is a pity, because it is an example of great bank note design with even greater imagery by a master engraver. -
November 14, 2022
The day Winnipeg was invaded
People on the street were randomly stopped and searched, and some were even arrested and imprisoned in an internment camp. Even German marks replaced Canadian currency in circulation—in the form of If Day propaganda notes. -
June 16, 2022
Army bills: Funding the War of 1812
In 1812, British North America had no banks and little currency. With the prospect of war drying up supplies of coins, the government of Lower Canada decided to issue legal tender notes called “army bills” to pay for troops and supplies. -
August 19, 2021
Fur Trade Economics
Over its 350-year lifespan, the Hudson’s Bay Company has had an enormous impact on Canada’s economy and how the nation was settled. -
June 11, 2020
Nominating an Icon for the Next $5 Bank Note
Using a Bank of Canada Museum lesson plan, nearly 200 students told us who they thought should be the bank NOTE-able Canadian on our new $5 bill. -
November 8, 2018
Money of the First World War
In Europe, gold and silver coins largely disappeared from circulation as they were hoarded or as governments used the metal for the war effort.