Catalog
2 Dollars
| Issuer | Banque du Canada |
|---|---|
| Year | 1935 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | BANQUE DU CANADA PAIERA AU PORTEUR SUR DEMANDE OTTAWA, ÉMISSION DE 1935 DEUX DOLLARS DEUX SOUS-GOUVERNEUR GOUVERNEUR |
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| Variants | P#41 - French text. Series F. Signature Osborne-Towers |
| Comments |
The 1935 series was the first issued by the Bank of Canada following its opening in March of that year — a deliberate political act to displace the commercial chartered banks that had been issuing their own currency for over a century. Ottawa was reluctant to absorb that function at first, and the enabling legislation had stalled twice before finally passing in 1934.
Two language variants were produced: unilingual English and unilingual French. Pick #41 is the English version; the French equivalent is #41a. The decision to print separate notes rather than bilingual ones was politically convenient and quietly abandoned in later decades.
Osborne signed as Deputy Governor; Towers as Governor, the first person to hold that office.