June 16, 2022
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.
December 22, 2021
The Bank of Canada Museum is responsible for the National Currency Collection, and part of its mandate is to foster and develop that collection. Despite the challenges of collecting during a pandemic, curators at the Bank of Canada Museum have acquired some unique artifacts—including some that document the pandemic itself.
November 16, 2021
The 1911 silver dollar has a history to match its prestige, and it now has a permanent home in the National Currency Collection of the Bank of Canada Museum.
August 19, 2021
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.
July 16, 2020
Johnson’s entire family, two girls and five boys, was involved in the counterfeiting operation: dad made the plates, the daughters forged the signatures and the boys were learning to be engravers.
May 5, 2020
Reid was on the verge of ruin, yet insisted on continuing railway construction. Suffering huge losses, and with no credit or cash resources, Reid issued wage notes to pay his employees.
July 18, 2019
Bank of Canada Museum will be at the 66th annual convention of the Royal Canadian Numismatic Association (RCNA).
March 29, 2019
In 1977, the Royal Canadian Mint wanted to reduce the size of the penny in response to the rising price of copper. Little did the Mint know that the Toronto Transit Commission’s reaction would force the cancellation of the program.
February 19, 2019
The life expectancy of a two-dollar paper note was about a year. But coins can last for more than 10 years.
January 3, 2019
The size of the 1-cent coin was reduced to save on the cost of copper. At the same time, there were proposals to mint Canadian coins out of cheap and abundant nickel.