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.
Philip List, Director Erste Financial Life Park, Vienna Austria.
Silvia Singer, CEO of the Museo Interactivo de Economía (MIDE) in Mexico City. The MIDE provided a great deal of inspiration for the Bank of Canada Museum.
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.
I was able to participate in a number of workshops with a variety of international colleagues.
IFFM workshop on economic literacy and gender issues.
I was proud to be able to present the new Bank of Canada Museum to museum directors from around the world.
The IFFM draws delegates from the Americas, Europe, Asia and Africa.
Annamaria Lusardi, Academic Director of Global Financial Literacy Centre, Washington DC.
One of the joys of this conference is catching up with colleagues; here I am with Jakub Kunert of the Czech National Bank.
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Content type(s):
Blog posts
The Museum Blog
August 6, 2024
The Bank of Canada Museum’s collection has a new addition: an artwork called Free Ride by Frank Shebageget. But why would a museum about the economy buy art?
Treaties, money and art
Content type(s):
Blog posts
Subject(s):
Arts,
History
July 16, 2024
An item is said to have cultural value when it can be directly associated with the history, people, beliefs or rituals important to a society. It’s the same with a rai—its value can be greater depending upon who authorized it, who carved it and who subsequently owned it.
Rai: big money
By: Graham Iddon
Content type(s):
Blog posts
Subject(s):
Economy,
Geography,
History
Grade level(s):
Grades 11 and 12 / Secondary 5 and CEGEP
April 18, 2024
What the stock market crash of 1929 did was starkly reveal the weaknesses of economic systems that had evolved from the unregulated capitalism of the late 19th century.
Lessons from the Great Depression
By: Graham Iddon
Content type(s):
Blog posts
Subject(s):
Financial literacy,
History
Grade level(s):
Grade 09 / Secondary 3,
Grade 10 / Secondary 4,
Grades 11 and 12 / Secondary 5 and CEGEP
March 25, 2024
Newfoundland’s entry into Confederation marked the end of an era when Canadian provinces issued their own coins and paper money.
Welcoming Newfoundland to Canada
By: David Bergeron
Content type(s):
Blog posts
December 19, 2023
It’s that time of the year again—the wrap-up of the Bank of Canada Museum’s annual acquisition program. Here are a few highlights of the latest additions to the National Currency Collection.
New Acquisitions—2023 Edition
Content type(s):
Blog posts
November 27, 2023
But what do you do with money once you have it? That’s for you to decide. A budget can really help. It will allow you to keep track of what you earn (income) and what you spend (expenses).
Mo’ money, mo’ questions
Content type(s):
Blog posts
Subject(s):
Financial literacy
Grade level(s):
Grade 04,
Grade 05,
Grade 06,
Grade 07 / Secondary 1,
Grade 08 / Secondary 2,
Grade 09 / Secondary 3,
Grade 10 / Secondary 4,
Grades 11 and 12 / Secondary 5 and CEGEP
November 16, 2023
Most of us are aware of them, but how much do we really understand about cryptocurrencies?
Understanding cryptocurrencies
By: Graham Iddon
Content type(s):
Blog posts
Subject(s):
Economy,
Financial literacy
Grade level(s):
Grade 08 / Secondary 2,
Grade 09 / Secondary 3,
Grade 10 / Secondary 4,
Grades 11 and 12 / Secondary 5 and CEGEP
September 12, 2023
With the continuing rise of e-transfers and electronic payments, people have been predicting the death of the humble cheque for decades. But it hasn’t happened yet.
A checkup on cheques
By: David Bergeron
Content type(s):
Blog posts
July 31, 2023
Few of us ever get a chance to see a Scenes of Canada $100 bill. Which is a pity, because it is an example of great bank note design with even greater imagery by a master engraver.
The Scenes of Canada series $100 bill
By: Graham Iddon
Content type(s):
Blog posts
Subject(s):
History
