Have you ever wondered how money works? Or why prices sometimes go up faster than your savings account? Perhaps you’re curious about the journey of that $20 bill from printing press to your wallet? If these questions keep you up at night (we won’t judge), we have some exciting news right on the money!
A Partnership That Makes Perfect Cents
We’re thrilled to announce a new partnership between the Bank of Canada Museum and Canoo! This collaboration will open doors to financial literacy and Canadian economic history for newcomers to Canada.
Located in the heart of downtown Ottawa, the Bank of Canada Museum offers free admission to all visitors. It’s completely bilingual and designed to be inclusive for everyone, regardless of your financial knowledge.
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Not Your Average Piggy Bank: A Museum with History
The Bank of Canada Museum was officially founded in 1980 as the Currency Museum. What began as an effort to preserve Canadian currency evolved into an interactive, educational experience that brings Canada’s economic history and monetary policy to life.
In 2017, the Museum reopened in a new space with a fresh focus on helping people understand not just money itself, but the broader economy and the crucial role the Bank of Canada plays in our lives.
In addition to displaying Canada’s most significant currency collection, the Bank of Canada Museum creates an accessible space where Canadians can develop a deeper understanding of our economy, monetary policy, and financial literacy – tools that are particularly valuable for those new to Canada.
“The Museum connects visitors with the economic systems that shape their lives through stories, historical objects, and interactive experiences. For new Canadians, it’s a meaningful way to connect with Canada’s heritage and better understand the economic foundations that continue to shape the country today.”
– Stacy Wakeford, Director of the Bank of Canada Museum
What’s In Store for Your Visit?
The museum’s permanent exhibition offers interactive experiences that make learning about economics surprisingly fun. You can:
- Create your own cartoon avatar and nickname that follows you throughout the museum on interactive screens.
- Pilot the “2 Per Cent Rocket” through a galaxy of economic forces!
- Design a bank note.
Sensory Sundays: Everyone Welcome
The museum hosts Sensory Sundays, providing a more accessible experience for visitors who prefer a quieter, less stimulating environment. During these special hours, they reduce sound levels and provide sensory aids to visitors.
Learning about money shouldn’t be overwhelming, and through programs like Sensory Sundays, everyone can engage comfortably with the information.
Beyond the Building: Virtual Resources That Deliver
Can’t make it to Ottawa? No problem! The Bank of Canada Museum offers plenty of online resources:
Digital Collection & Blog
Their extensive online collection and blog feature fascinating stories about Canadian economic history that you won’t find in typical textbooks. Here are some gems worth exploring:
- Money’s Metaphors: Discover how money has been represented in art and literature throughout Canadian history.
- Understanding Money with Common Questions: Find answers to those financial questions you’ve always been too embarrassed to ask.
- The 1911 Silver Dollar: Learn about “the emperor of coins” and why it’s so rare!
Family-Friendly Resources
The Museum also offers resources specifically designed for families:
- Printable Play Money: Let your kids practice handling Canadian currency without the risk of them spending your real money.
- Growing Your Savings: Fun activities that teach children about saving money – skills that many adults are still working on!
Why This Partnership Matters
The collaboration between the Bank of Canada Museum and Canoo symbolizes a commitment to ensuring that newcomers to Canada have the resources they need to understand and navigate their new economic environment.
“Through this partnership with the Bank of Canada Museum, Canoo members can access essential knowledge about Canada’s economic systems that empowers them to make informed financial decisions. When newcomers feel equipped to navigate financial systems with confidence, they can focus more energy on building the lives they envision.”
– Daniel Bernhard, CEO of Institute for Canadian Citizenship
For newcomers balancing multiple priorities as they settle in their new country, this partnership creates an opportunity to gain valuable knowledge. It’s a small step that can lead to greater financial confidence, increased economic participation, and ultimately, a stronger sense of belonging.
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