This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Charge on American currency in Canada becomes live issue
The piece explains how Canadian banks will likely impose a small fee on American dollars deposited from Ontario to cover costs of exchanging and shipping notes to the United States. It notes the difference between legal tender rules, the role of sovereigns and American coins, and discusses how banks profit from wholesale to retail currency trading, with examples of sov ereigns and a bank in New York handling such notes.
MENTIONED IN THIS ARTICLE
Canada
New York
Canadas
United States
Europe