Canadian dollar Canadian dollar The Canadian dollar (symbol: $; code: CAD; ) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the "loonie" by foreign exchange traders and analysts, as it is by Canadians in general, or in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind
Hull, Quebec was very much the preserve of the "draveurs", people who would use the river to transport logs from lumber camps until they arrived downriver. (The Gatineau River flows south into the Ottawa River which flows east to the St Lawrence River near Montreal.) The log-filled Ottawa River, as viewed from Hull, appeared on the back of the Canadian one-dollar bill until it was replaced by a dollar coin (the "loonie") in 1987, and the very last of the dwindling activity of the draveurs on these rivers ended a few years later. Ottawa was founded later, as the terminus of the