OTD: Canadian Bank Note prints final dollar bills

On today’s date in 1989, the Canadian Bank Note Co. (CBN) printed Canada’s last $1 banknotes, which were from the Scenes of Canada series—the fourth banknote series issued by the Bank of Canada.

The Scenes of Canada $1 bill was originally issued on June 4, 1974, and circulated until June 30, 1989, when it was withdrawn. Banks were asked to stop circulating the banknotes, and all remaining dollar bills were to be sent to the Bank of Canada for destruction. These notes are vary rarely seen in circulation today; however, like all notes issued by the Bank of Canada since 1935, they retain legal tender status as well as their full value.

SCENES OF CANADA DESIGN

The obverse of the Scenes of Canada $1 banknote features a portrait of Queen Elizabeth II, and the reverse depicts an image of Parliament Hill from across the Ottawa River. The reverse, which shows a tugboat in the midst of a broken log boom on the Ottawa River, was engraved by C. Gordon Yorke based on a 1963 photograph taken by Malak Karsh, brother of fellow photographer Yousuf Karsh.

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