Dan Friedus forwarded this information about a book available from the Bank of Canada. Thanks!
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. Building on an earlier
edition, this expanded History of the Canadian
Dollar, traces the evolution of Canadian money
from its pre-colonial origins to the present day.
Highlighted on this journey are the currency chaos
of the early French and British colonial period, the
sweeping changes ushered in by Confederation in
1867, as well as the effects of two world wars and
the Great Depression.
The book chronicles the ups and downs
of the Canadian dollar through almost 150 years
and describes our dollar’s relationship with its
U.S. counterpart. It also examines the forces that
led to the adoption of the dollar as our currency
during the nineteenth century, instead of the pound,
as well as the factors that led Canada to move from
the gold standard in the 1920s, to the Bretton
Woods system of fixed exchange rates in the 1940s
and, ultimately, to a flexible exchange rate regime
Finally, on the seventieth anniversary of the
establishment of the Bank of Canada in 1935, at
the height of the Great Depression, this book
examines the formation of Canada’s central bank
and its ensuing quest for a monetary order that
best promotes the economic and financial welfare
of Canada. While its tactics have changed over
the years, the Bank’s enduring goal has been the
preservation of confidence in the value of money
through achieving and maintaining price stability.
You can download the complete publication.
Print copies are available at Can$8 each (plus 5% GST for Canadian residents and provincial tax where applicable) from:
Bank of Canada
For more information, see:
A History of the Canadian Dollar - by James Powell
Wayne Homren, Editor
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