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.
January 30, 2015
The show… is an ideal opportunity for the Bank of Canada Museum to share a part of the National Currency Collection with Canadians. This year, we decided to tell the story of Canada’s phantom banks and the financial crisis of 1837.
September 16, 2013
Another convention of the Royal Canadian Numismatic Association (RCNA) wrapped up in July. This year the convention was held in Winnipeg, Manitoba. It was the first time in over thirty years that the RCNA Convention made a stop there.
January 1, 2012
This year marks the bicentennial of the outbreak of the War of 1812. The causes of the war extend back to the Napoleonic Wars in Europe, when Great Britain imposed sanctions on neutral vessels, including American ships, crossing the Atlantic and attempting to land in European ports. American frustration climaxed on 18 June 1812, when President James Madison signed a declaration of war against Great Britain.
November 28, 2006
The story of the “pretended” Bank of Upper Canada of Kingston is one scandal and political intrigue. Touted as Upper Canada’s first banking institution, the pretended Bank of Upper Canada was a private, unincorporated financial institution.