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History of the Canadian dollar information


Illustration of Dominion of Canada $100 note, 1872, showing the old Centre Block of the Parliament of Canada

Canada has an extensive history with regard to its currencies. Prior to European contact, indigenous peoples in Canada used items such as wampum and furs for trading purposes, which continued when trade with Europeans began. During the period of French colonization, coins were introduced, as well as one of the first examples of paper currency by a western government. During the period of British colonization, additional coinage was introduced, as well as banknotes. The Canadian colonies gradually moved away from the British pound and adopted currencies linked to the United States dollar. With Confederation in 1867, the Canadian dollar was established. By the mid-20th century, the Bank of Canada was the sole issuer of paper currency, and banks ceased to issue banknotes.

Canada began issuing its own coins shortly after Confederation. In the 20th century, Canada has issued many commemorative coins into circulation, temporarily replacing current coinage designs. There also exists a long history of numismatic coin issues.

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History of the Canadian dollar

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to the United States dollar. With Confederation in 1867, the Canadian dollar was established. By the mid-20th century, the Bank of Canada was the sole...

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Canadian dollar

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Banknotes of the Canadian dollar

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Banknotes of the Canadian dollar are the banknotes or bills (in common lexicon) of Canada, denominated in Canadian dollars (CAD, C$, or $ locally). Currently...

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and is the first so named that still survives. Others include the Australian dollar, Brunei dollar, Canadian dollar, Eastern Caribbean dollar, Hong Kong...

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the original on November 10, 2013. Retrieved May 8, 2018. Bank of Canada (2010). "New France (ca. 1600–1770)" (PDF). A History of the Canadian Dollar...

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the Canadian dollar, which replaced it. The dollar was subdivided into 100 cents. No distinct coins were issued, with Canadian coins circulating. The...

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Commemorative banknotes of the Canadian dollar

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banknotes of the Canadian dollar have been commemorative issues. The first was issued in 1935 to the silver jubilee of the accession of George V to the throne...

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called the Dominion of Canada and their three currencies were merged into the Canadian dollar. In 1871 Prince Edward Island went decimal with a dollar pegged...

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was equal to the Canadian dollar. The New Brunswick dollar was replaced by the Canadian dollar at par when New Brunswick entered the Canadian Confederation...

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as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage...

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Bank of Canada

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Archived from the original on 3 May 2016. Retrieved 20 March 2013. Powell (December 2005). A History of the Canadian Dollar (PDF). Bank of Canada. pp. 47–49...

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Great Canadian Dollar Store Ltd. (GCDS) is a privately owned Canadian franchise dollar store. The discount merchandiser was founded in 1993 by Bud and...

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