On today’s date in 1912, Canada issued its first $5 dollar banknote. A total of 11,019,000 were printed.
In 1912, for the first time ever, the Dominion of Canada issued $5 bills, using a simple vignette of a train as the design rather than the traditional portrait. On the obverse, the Ocean Limited is traveling through Nova Scotia’s Wentworth Valley on the Intercolonial Railway. To the top is the place of printing and printing date, “OTTAWA, May 1st, 1912.” Beneath the year-date are the words “DOMINION OF CANADA / WILL PAY TO THE BEARER / FIVE DOLLARS”. On the obverse is lathe work and Roman and Arabic numerals.
There are eight different types of 1912 $5 banknotes based on seal type, signature combination and signature type.