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20 Dollars
| Issuer | Bank of Canada |
|---|---|
| Year | 1935 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse lettering | BANK OF CANADA TWENTY DOLLARS 20 CANADIAN BANK NOTE COMPANY, LIMITED |
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| Variants | P#46a - Large seal. English text. Series A. Signature Osborne-Towers P#46b - Small seal. English text. Series A. Signature Osborne-Towers |
| Comments |
The 1935 Bank of Canada series was the institution's first issue, produced the year the Bank opened for business — Canada had no central bank until then, with chartered banks issuing their own notes. The transition was abrupt: Dominion of Canada notes and chartered bank currency were called in and replaced by this single series within a compressed window.
Two distinct English and French versions were printed for most denominations in 1935 — a political concession that was quietly abandoned in 1937 when fully bilingual notes replaced both. P#46 is the English version; the French-language counterpart is P#47.
Osborne was the Bank's first Deputy Governor; Towers its first Governor, appointed at 37.