Canadian Bank Note Company Facts for Kids

Quick facts for kids
Canadian Bank Note Company, Limited

Industry	Printing
Founded	1897
Headquarters	Ottawa, Ontario, Canada
Key people	Douglas R. Arends, Chair Ronald G. Arends, President and CEO
Products	bank notes, passport, tickets, stamps, ID cards

CBN head office in Westboro, Ottawa

The Canadian Bank Note Company (CBNC) is a Canadian security printing company. It is best known for holding the contract with the Bank of Canada to supply it with Canada's banknotes since 1935. The company's other clients include private businesses, national and sub-national governments, central banks, and postal services from around the world. In addition to banknotes, the company produces passports, driver's licences, birth certificates, postage stamps, coupons, and many other security-conscious document-related products. It also prints and provides document reading systems for identification cards, lottery tickets, stamps, and banknotes.

From 1897 until 1923, CBN was a unit of the New York-based American Bank Note Company (now known as ABCorp). It was later a privately held company when it was acquired by Ottawa businessman Charles Worthen; beginning in 1976 Douglas Arends slowly acquired control of the company. It has since been based in Ottawa, Ontario. In October 2006, RR Donnelley completed the acquisition of Canadian Bank Note's financial printing business, consisting of documentation for initial public offerings.

Since 2014, the Canadian Bank Note Company has been the chief provider for machine-readable passports used within the Caribbean Community bloc of countries. The majority of the new CARICOM passports as they are called serve the union as a centerpiece of promoting easy travel within the Caribbean Single Market and Economy (CSME).