e-book A History of the Canadian Dollar

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Canadian Dollar

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Order your Canadian dollars. The penny is made of copper-plated steel and features the maple leaf, a common symbol of Canada.

300+ Years of Currency History

In , the Government of Canada officially stopped making pennies and is currently in the process of taking them all out of circulation, but completion of this goal is still many years away. Larger business and chains in Canada may not accept penny payments and instead demand customers round cash payments down or up to the closest five cents.

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Canadian Coins are produced by the Royal Canadian Mint , which is known among coin collectors as one of the most extravagant and creative coin-producing entities in the world. The current designs, known as the Polymer Series , are actually not made of paper at all, but a sort of thin, flexible plastic known as polymer. Canadian banknote designs usually change every 10 years or so.

On the reverse, it depicts the Canadarm , a robotic arm that was designed in Canada and used on NASA missions between and Most living Canadians will have memories of the three previous banknote designs. Seen below, from top to bottom, this includes the Canadian Journey series, which was in use from approximately to , the Canadian Birds series, which was in use from to , and the Scenes of Canada series, which was in use from to The history of Canada's money provides a unique perspective from which to view the growth and development of the Canadian economy and Canada as a nation.

History of the Canadian Dollar

Author James Powell traces the evolution of Canadian money form its pre-colonial origins to the present day, highlighting the currency chaos of the colonial period, as well as the effects of two world wars and the Great Depression. He also chronicles the ups and downs of our dollar through almost years and describes its relationship with its U.

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  • Toggle navigation FR Toggle Search. Careers Take a central role at the Bank of Canada.