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The financial system makes an important contribution to the welfare of all Canadians. The ability of households and firms to confidently hold and transfer financial assets is one of the fundamental building blocks of the Canadian economy.

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. 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.

This volume features interesting images and anecdotes about Canada's central bank and its place in Canadian society from 1935 until the present.

Cover page

Ready References

The book is part of the National Currency Collection, Bank of Canada.
Photography by Gord Carter, Ottawa.

The global economy has continued to grow at a robust pace since the July Monetary Policy Report Update.

Firms overall remain positive about the economic outlook.

The update on global and Canadian economic developments presented in this Report highlights three issues.

Businesses remain optimistic about the economic outlook. Indeed, the results of this survey are broadly similar to those of the spring 2005 survey.