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  1. A Province of Canada one-dollar note issued by the Colonial Bank of Canada, 1859. In 1841, the Province of Canada adopted a new system based on the Halifax rating. The new Canadian pound was equal to four US dollars (92.88 grains gold), making £1 sterling equal to £1.4 s .4 d. Canadian.

  2. Feb 7, 2006 · The Canadian dollar, also known as the loonie, for the loon on the $1 coin, is the currency of Canada. Its international currency code is CAD and its symbol $, or C$, to distinguish it from other dollar currencies. As money, it is the measure of value in which all prices in Canada are expressed and the medium of exchange for goods and services.

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  4. 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.

  5. Canadian Paper Money. Canadian paper money, also known as bills , banknotes, or simply notes, is used for larger currency denominations. 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. Paper bills from the last series — known as the Canadian ...

  6. Commemorative notes. Since issuing its first series of bank notes in 1935, the Bank of Canada has issued four commemorative bank notes. Each commemorative note marks an important milestone for the reigning monarch or a defining moment in Canadian history.

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