Canadian Bank Note Company facts for kids
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Industry | Printing |
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Founded | 1897 |
Headquarters | Ottawa, Ontario, Canada |
Key people
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Douglas R. Arends, Chair Marilou Arends, CEO |
Products | bank notes, passport, tickets, stamps, ID cards |
The Canadian Bank Note Company (CBNC) is a special Canadian company. It prints important documents that need to be very secure. Think of it like a super-safe printer! Since 1935, CBNC has printed all of Canada's money, also known as banknotes, for the Bank of Canada.
But they don't just print money. They also make passports, driver's licences, birth certificates, and postage stamps. They even print lottery tickets and special identification cards. Their clients include governments and businesses from many countries around the world. They also create systems to read these secure documents.
Contents
The History of CBNC
The Canadian Bank Note Company started in 1897. For its first 26 years, until 1923, it was part of a company from New York called the American Bank Note Company.
Becoming an Independent Company
Later, an Ottawa businessman named Charles Worthen bought CBNC. This made it a privately owned company. Then, starting in 1976, Douglas Arends slowly gained control of the company. Since then, CBNC has been based in Ottawa, Ontario.
Printing Passports for the Caribbean
Since 2014, the Canadian Bank Note Company has been the main company printing machine-readable passports for countries in the Caribbean Community. This group of countries is often called CARICOM.
The CARICOM Passport
These new CARICOM passports are very important. They help people travel more easily between countries in the Caribbean. This makes it simpler for people to move around within the Caribbean Single Market and Economy (CSME).
Gallery
Samples of items printed by Canadian Bank Note Company:
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Ukrainian 2 karbovanets First year of Independence
See also
- Canadian dollar
- Cash
- Bank of Canada
- Royal Canadian Mint