• Abstract and Figures
• Public Full-text

APRIL 2017 A Voice of Riverview Park VOL. 9 NO. 2 Look out for… Big changes to our Canadian ca$h by Maria CampbellSmith • Canada used to print When the Bank of any of us use debit or credit cards separate English and Canada issued its first more often than we use cash. Pay French currency. series of bank notes in cheques get electronically deposited • Canada has had a 1935, they produced sep- Minto bank accounts. Bills can be paid and pur- $25 bill. arate English and French chases made online, or using apps. Still, most • Canada has over $76 bills for each denomina- of us carry hard currency too. Money is much billion in bank notes in tion. The reigning mon- more than it seems. circulation. arch and members of We save and spend dollars–but we rarely (The first statement is false. The other three are true!) the British royal family were the faces on the study them. As times and technology change, front of the bills. In addition to the standard so too does our money. Are you ready for the The federal government’s central bank denominations, they issued a unique purple $25 dramatic changes coming to Canadian cash? The Bank of Canada was chartered by an Act bill and an orange $500 bill to commemorate The history and intricacies of our money are of Parliament in 1934. It formulates Canada's the silver jubilee of King George V. These were not always common knowledge. How about a monetary policy–striving in particular for a low issued only in 1935. Those denominations have crash-course in Canadian currency? and slow rate of inflation. It is the central bank never been used since, making collector items for the federal government, and it is the sole of those bills. Decide which statements are true and issuer of Canadian bank notes. (Our coins are With six successive series of bank notes which issued by the Royal Canadian Mint, and the since 1935, the Bank of Canada has developed are false: previous Dominion of Canada bank notes were the bilingual, multi-coloured currency we know • The Bank of Canada has issued $1,000,000 steadily withdrawn from circulation between and use today. Our bills feature the Queen and notes. 1935 and 1950.) CONTINUED ON PAGE 3 In celebration of Canada’s Sesquicentennial Year From Junction Gore 1792 to Riverview Park 2017 in 150 facts The Early Days the north; Rideau River on the Gloucester Township was sur- northwest; St. Laurent Boulevard veyed in 1792 and named for the on the east and Walkley Road on second Duke of Gloucester, a the south. Riverview Park, this ar- nephew of King George ea’s modern name, was in III. The Township was part of Junction Gore. A laid out in four parts, gore was a small, triangu- one of which was named lar tract of land. The junc- Junction Gore, in the tion referred to was the northwest part of the intersection of the Ride- Township. Lot sizes of 200 acres au and Ottawa Rivers. in Junction Gore were laid out Riverview Park’s boundaries in narrow strips fronting on the are: the Rideau River on the west; Broken span Hurdman’s Bridge, from downtown to Junction Gore Rideau River. the CN tracks on the north; St. (at right), Ottawa, 29 June 1902. SOURCE: LIBRARY AND ARCHIVES CANADA, JAMES Junction Gore’s boundaries Laurent Boulevard on the east BALLANTYNE FONDS, #771. were: Ottawa River on CONTINUED ON PAGE 13 We’reAgeless celebrating everyone’s Spirit love of life & musicof at Music.our National Open House. Alta Vista Drop by to listen to live Big Band music and enjoy light refreshments. 751 Peter Morand Cres Ottawa Sunday, April 30, from 1-4pm reveraliving.com/openhouse 613-739-0909 Page 2 Riverview Park Review APRIL 2017 Ottawa streetcars at mid-century A ride on the Bank-Rideau Line (2) by Bruce Dudley n our last issue we traveled from Bank St. and Grove Ave. in Ottawa South to Char- lotte and Rideau at the eastern end of San- Idy Hill. As this is the downtown ‘end of the line’ for the Bank Street cars I try to arrive right on time as I can’t lie about and tie up traffic. I’ve adjusted the scroll signs to read “BANK”, my transfers are changed from ‘Bank’ to ‘Rideau’ and I set the departure time on the transfer cutter and we’re ready to roll. We head south on Charlotte St. for a few blocks and just before we swing right on Laurier we pass an imposing structure on our left, the Embassy of the Soviet Union, as it then was. On 864, Bank at Clemow. PHOTO: AL PATERSON, BRUCE DUDLEY COLLECTION. to Laurier Ave. then, heading west along one of Ottawa’s loveliest streets and looking to our St. with McIntosh & Watts China Shop on the ahead. Continuing south we go by the Imperial left we see beautiful Range Road Park and off corner. The Ottawa Citizen is on the right as and Rialto theatres and that car ahead swings in the distance the Isolation Ward of the Civic we approach O’Connor, then past the ‘back west onto Gladstone Ave. We then dip into the Hospital. Then coming up on the right is Lau- doors’ of the 5 and 10-cent stores of Sparks St. underpass beneath the CNR tracks and coming rier House and then we are rolling past Ottawa and we come to a stop at Bank St. with the el- up the other side we are now in the Glebe. Cen- University before swinging right onto Nicholas egant Capitol Theatre across the way. Then it’s tral Park and the five Avenues go by then it’s the St. then passing the old city jail. left on Bank for the long run to the Glebe. Coliseum and Exhibition grounds. Ogilvy’s department store comes into view Streetcar traffic is heavy here for a few Leaving the Glebe we take the Bank St. on the left and we’re back to Rideau, this time blocks as we share our track with four other Bridge over the canal, passing the Mayfair the- westbound. We cross Mosgrove, pass Freiman’s lines, but soon Preston and Britannia cars turn atre before swinging right onto Sunnyside Ave. Department Store on the right and then start off Bank onto Albert. Past the Diamond Bar- then left on Seneca and left again onto Grove up-grade to the island car stop with the Cha- beque, the new Odeon Theatre and National and as we ease up to stop at Bank St., we have teau Laurier on one side and the Union Station Bakery we go and as we approach Somerset St. completed our return run to Ottawa South. on the other. Then it’s past the War Memorial a Holland-bound car in front of us turns away In our next issue I’ll take you for a ride on the and across the Plaza and Elgin St. onto Queen to the west leaving one other car a block or so Preston-Rockliffe line. 2600 Innes Road Blackburn Hamlet, ON 613-424-8600 khs.ca Our brains process the sounds we hear. Do not wait to address your hearing loss. FOCUS The brain uses both SEPARATE ears to focus on what is The brain separates relevant important, especially in noisy sounds from competing noise. sound environments. ORIENTATION RECOGNIZE The brain constantly uses both The brain depends on its ears to orient itself and know ability to recognize a sound what is happening in the in order to make sense of it. environment. Healthy hearing is healthy living. FREE hearing tests and consultation CALL US Service and repairs to all hearing aid makes and models Offering a wide selection of products personalized to your 613-424-8600 hearing loss and budget APRIL 2017 Riverview Park Review Page 3 Big changes in Canadian Ca$h CONTINUED FROM PAGE 1 Canada's notable prime ministers This leaves Canadians with five that. Now, our money is made of on the fronts, and artwork high- standard bank notes: the blue $5 multi-layered Polymer. These bank lighting Canada's military history, bill with the face of Wilfred Lauri- notes have a glossy or slippery feel. culture, achievements, or natural er, the purple $10 bill with John A. They are more durable, and double flora and fauna on the backs. Macdonald, the green $20 bill with the previous lifespan of bills in circu- Queen Elizabeth II, the red $50 lation to seven years or more. Each Demise of the small and the big bill with William Lyon Macken- bill is uniform in dimensions, weighs The style and security features of zie King, and the brown $100 bill about 1 gram, and costs 19c to pro- our bank notes have changed over with Robert Borden. Compared duce. Polymer bills can also be re- the years. Denominations have even to other nations, Canada is left cycled once taken out of circu- been eliminated. Canada's one dol- with a very limited range of bills lation, whereas our old paper lar bill was a green bank note featur- and denominations. But even more bills were destroyed. ing since 1952 the face of our reign- changes await. The Bank of Canada ing monarch, Queen Elizabeth II. It Viola Desmond employs chemists, phys- had basic buying power and might Changing the faces icists, artists and engi- have ended up in your birthday The Governor of the Bank of neers to develop our bank card or allowance way back when.

Load more

  52

Copy Link