1.000 Dollars

The 1935 Bank of Canada series was the first issued after the Bank opened in March of that year, replacing the chartered bank note system that had operated since Confederation. The $1,000 denomination was never intended for general circulation — it functioned as an interbank settlement instrument and saw almost no public handling, which is why surviving examples in any condition are extraordinarily rare.

Two language variants exist for this series: English and French. P#57 is the English text version. A bilingual design was considered but ultimately abandoned in favor of separate unilingual printings — a political compromise that itself became contentious within a decade.

The Canadian Bank Note Company produced the entire inaugural series in Ottawa, with J.A. Osborne serving as the Bank's first Deputy Governor and G.F. Towers as its founding Governor.