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The idea of the penny as the basic denomination of an entire currency system has been with Canadians for as long as there has been a Canada. But the one-cent piece itself has been gone since 2012.

August 12, 2025 from 2:00 pm to 3:00 pm (ET)
Join our live webinar about our elementary school resources that make learning math and financial literacy fun.

Students will prove their understanding of debt in an escape room, learn about the risks and benefits of borrowing and lending and practise calculating simple interest.

In an ideal gold standard monetary system, every piece of paper currency represents an amount of gold held by an authority. But in practice, the gold standard system’s rules were extremely and repeatedly bent in the face of economic realities.

Join us for fascinating talks by Museum and Bank of Canada experts. Register for upcoming events or catch up on previous presentations.

A business can boost productivity through capital investments, such as buying new equipment. Use this video and discussion guide to help explain the concept of productivity to your students.

The price of gasoline can be broken down into four key parts. Learn how each affects prices at the pump with this video and discussion guide.

This webinar, in collaboration with the Treaty Relations Commission of Manitoba, demonstrates the Bank of Canada Museum’s lesson plan “Five bucks: The economics of Treaty relationships”.

Students will experience financial goal setting, planning and setbacks. They will plan for a character’s short- and long-term financial goals by using saving and spending strategies.

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.