A History of the Canadian Dollar by James Powell PDF

By James Powell

ISBN-10: 0660195712

ISBN-13: 9780660195711

Книга посвящена истории канадского доллара. Отлично проиллюстрирована цветными изображениями.

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Extra resources for A History of the Canadian Dollar

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The legislation took effect at the beginning of 1865. The colonies of Vancouver Island and British Columbia were united in November 1866 under the name British Columbia. A decimal currency act for the new combined province was passed in 1867. British Columbia entered Confederation in 1871. A History of the Canadian Dollar Bank of Montreal, 25 shillings or $5, 1852 This note is an example of the dual currency system that existed in the Province of Canada prior to decimalization in 1858. 38 This time, the financial and political environment was more receptive than had been the case in 1841.

During the 1860s, a dollar had considerable purchasing power. See Appendix A, page 88, on the purchasing power of the Canadian dollar. S. , less than one dollar) silver coins (McCullough 1984, 111). A History of the Canadian Dollar 29 William Weir, 1823–1905 Born in Greenden, Scotland in 1823, William Weir emigrated to Canada in 1842. He initially worked as a teacher near Lachute, Quebec, and, after learning French, moved to Montréal to work in a large wholesale and retail business. In 1847, Weir struck out on his own, first as a commission merchant and later as an exchange broker.

A History of the Canadian Dollar 37 Home Bank, $10, 1917 The Home Bank was one of several chartered banks established in Canada during a period of economic expansion early in the twentieth century. Its operations were suspended in 1923, owing to poor management. Following a Royal Commission into its operations, the Office of the Inspector General of Banks (the forerunner of the Office of the Superintendent of Financial Institutions) was established in 1925. The government also increased the amount of notes that banks were legally permitted to issue.

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A History of the Canadian Dollar by James Powell

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