Unveiling the Bank of Canada Museum to the World
Well, to a chunk of it anyway. Every year the conference of the International Federation of Finance Museums (IFFM) draws museum directors from five continents to a get-together aimed at sharing best-practices and keeping up with the latest trends in the world of financial museums. Many of the delegates had been following our progress at the Bank of Canada Museum over the past four years, and there was a level of anticipation this year, because they knew I was going to talk to them about our opening and our experience to date.
This year was the Bank’s first opportunity to attend the conference with a museum in fully-operational mode back home, something which gave me the opportunity to step onto the stage as a featured speaker, offering the Bank’s perspective on what our teams accomplished. The presentation was met with enthusiastic interest.
From Paris to Mexico City; Museum Directors Need to Know
Philippe Gineste, Director of CitéCo (Cité de l’Économie et de la Monnaie) in Paris, set to open in 2019, took me aside early on to ask me about the pitfalls and opportunities the Bank of Canada had faced putting together our Museum. His interest was more than passing; his team at CitéCo is gearing up for a full year of trying to get all the myriad things they need done, done. He was happy to know we would offer the benefit of our experience whenever he wanted.
Philip List, Director of the host museum Erste Financial Life Park in Vienna, was happy to compare notes, given that he had just completed a similar museum earlier this year.
Silvia Singer, CEO of the Museo Interactivo de Economía in Mexico City, one of the early inspirations for the new Bank of Canada Museum, told me enthusiastically that she was planning to get to Ottawa as soon as possible to see for herself.
A Conference About Museums’ Place in Economic and Financial Literacy
For the past four years now, the Bank of Canada Museum has been a member of the IFFM, an organization promoting the work of financial and central bank museums from North, Central and South America, Europe, Asia and Africa. The October conference featured numerous presentations and workshops covering different aspects of the members’ work, as well as some lively debates on the state of financial and economic literacy in the world.
The Museum Blog
Economic Opportunity Costs
By: Graham Iddon
With his superpowers, Peter Parker would no doubt do a fabulous job of tiling his kitchen backsplash. But as Spider-Man, he has more valuable things to do with his time.
How Many Groats Are in a Noble?
By: Graham Iddon
For daily users of modern money, getting an understanding of the old British system of currency can be an act of confusion and wonder. But it’s also a peep into 13 centuries of European numismatic history.
Understanding Money: Common Questions
By: Nathan Sells
Ever wondered who decides what goes on Canadian coins or bank notes? Or why our coins have certain names and our notes are different colours? Use this guide to help answer some of your money-related questions!
Teaching Economics During the COVID-19 Pandemic
By: Adam Young
Authentic, teachable moments show students how the Bank of Canada is helping the economy navigate the COVID-19 pandemic.
The Story Behind the Engraving
By: Graham Iddon
The men on the back of this bill were part of a small community of families, a summer hunting camp called Aulatsiivik on Baffin Island.
If I Had a Million Dollars…I’d Be Reasonably Well Off
By: Graham Iddon
When the Barenaked Ladies released “If I Had a $1,000,000,” they could have considered themselves reasonably rich. And today? Well, there’s this inflation thing…
Johnson’s Counterfeits
By: David Bergeron
Johnson’s entire family, two girls and five boys, was involved in the counterfeiting operation: dad made the plates, the daughters forged the signatures and the boys were learning to be engravers.
The Reluctant Bank Note
By: Graham Iddon
Among 1975 $50 bill’s various design proposals were three images, three thematic colours and even three printing methods.
Nominating an Icon for the Next $5 Bank Note
By: Graham Iddon
Using a Bank of Canada Museum lesson plan, nearly 200 students told us who they thought should be the bank NOTE-able Canadian on our new $5 bill.