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USWNT Legends Alex Morgan,...

Two of women’s soccer’s biggest stars are teaming up, with retired USWNT...

Lawler says shutdown caused...

Rep. Mike Lawler (R-N.Y.) on Sunday argued the government shutdown is being...

NYPD sergeant retires after...

Over 40 years ago, James Gatto joined the NYPD with one goal...

LIVE VIDEO: Watch as...

FOX Weather Storm Chaser Mark Sudduth captured this...

Category: Canada

Whatever happened to the penny?...

Did you know, Canada has never...

Whatever happened to the penny?...

Did you know, Canada has never...

Whatever happened to the penny? A history of our one-cent coin.

Did you know, Canada has never issued a penny? Canadians (and Americans) have been referring to their one-cent pieces as pennies for as long as these coins have been issued. “Penny” is deeply engrained in our culture and language—much like “loonie” is for our dollar. But cents were never pennies. The true penny was originally an 8th century British silver coin that was a bit smaller (and much thinner) than our nickel. Valued at 1/240th of an English pound, 240 of them were minted from an actual pound of...

Whatever happened to...

Did you know, Canada has never issued a penny? Canadians (and Americans) have been referring to their one-cent pieces as pennies for as long...

Whatever happened to...

Did you know, Canada has never issued a penny? Canadians (and Americans) have been referring to their one-cent pieces as pennies for as long...

Good as gold?...

The Great Depression, however, was a different story. At first, the economic tactics of the First World War were not applied to this...

Speculating on the...

Of course, we at the Bank of Canada Museum have to be more serious about what are popularly called piggy banks. They are...

A checkup on...

Cheques likely evolved from bills of exchange, which were used extensively in trade in Venice and Florence, Italy, starting in the 12th century....

Understanding cryptocurrencies –...

Most cryptocurrencies like Bitcoin exist only online and are recorded in a public ledger called a blockchain. This is a type of shared...

Mo’ money, mo’...

Credit cards can be like borrowed money. When you use a credit card, you are basically taking out a loan from the company...

New Acquisitions—2023 Edition...

These design items for the Bank of New Brunswick’s $5 note show an engraving of the Reversing Falls Bridge in Saint John, NB.Source: 5 dollars,...

Welcoming Newfoundland to...

The Public Works department issued cash notes to pay for road construction and maintenance. The unusual denomination of 80 cents relates to the exchange...
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