Wales so closed in 1908; since then, although banks in Scotland and Northern Ireland continue to have the right to issue banknotes in their own countries, the Bank of England has a monopoly on the issue of banknotes in Wales. The Commercial Bank of Wales, established in Cardiff by Sir Julian Hodge in 1971, was taken over by the Bank of Scotland in 1988 and absorbed into its parent company in 2002. The Royal Mint, who issue the coinage circulated through the whole of the UK, have been based at a single site in Llantrisant since 1980. Since decimalisation, in 1971,
Royal Canadian Mint in Elliot Lake, Ontario. A 1968 study showed the Ottawa Mint facility was antiquated. When the Royal Canadian Mint became a Crown corporation in 1969, many believed a decision would be reached.[7] But although funds had been allocated for a new facility, no real planning had begun. Emphasis was made on finding space in Ottawa. It was decided the Royal Canadian Mint would keep the historic building and have a new facility for manufacturing circulation coins. The federal government of the time, led by Pierre Trudeau, decided to decentralize many public services. The result was a claim for restitution from