Talk:Canadian dollar/Archives/2012

Graph has Wrong Units
The graph with the y-axis "$CAN/$US" has the wrong units as labels. It shouldn't be $0.90, $1, $1.10, etc. -- it should be .9, 1, 1.1, etc.

It is also inverse - i.e. lable says $CAN/$US but it shows $US/$CAN. Also the more common lables are USD/CAD.

Graph is Out of Date
I would like to point out that the graph on this page ends in 2005, and is nearly three years out of date. Considering the significant rise in the Canadian dollar over the past three years, I suggest it would be wise to replace this older chart with one that is more up to date. Boingo the Clown 17:24, 1 November 2007 (UTC)

Red Poppy Twenty Five Cent Piece
Is this is general circulation still? I'm going to Niagara in a few days, and don't wanna waste a trip to the bank if I'll probably get one in my change. - GregNorc  ( talk )
 * Absolutely. It is the size, shape and weight of a standard quarter; it is legal currency like any other commemorative quarter. The status of the dye on the particular coin makes no difference to its value. Radagast 14:00, Feb 14, 2005 (UTC)
 * I see. In the USA, they have made a few coins similar to that, including a "colour"ized one dollar coin. In each case they never made in huge numbers, just available from the mint for collector purchase. They didn't make EVERY one dollar coin in circulation colorized. Thanks for the info. - GregNorc  ( talk )
 * Yes, i collected mine from the change from a vending machine at my school. Also, I found one on the floor. The best one to get is the veteran's one. -- cncxbox

50¢ piece
The 50¢ coin is no longer very common in Canada. I believe it was taken out of circulation with the introduction of the loonie. I think it should be removed from the table of coins. --Madison Gray 03:12, 27 Dec 2004 (UTC)
 * I don't believe this is correct. I think there was a promotion within the last year or two where a lot were given out, and while they are uncommon, I don't believe they've been taken out of circulation. - Cafemusique 12:36, 27 Dec 2004 (UTC)
 * "In recent decades, the 50-cent circulation coin has not been widely used in business transactions, and most of the annual mintage is purchased by coin collectors." Presumably the rest were in general circulation.  Quote taken from the the mint's web page on circulation coins. RCM - Circulation Coins - Cafemusique 12:45, 27 Dec 2004 (UTC)
 * Trust me, they were still in circulation as of 2003. I used to routinely go to banks to pick up rolls and boxes of 50¢ pieces and silver dollars (which I would then use as pocket change).  If the coins had been officially withdrawn from circulation, the banks would not have been allowed to give them out but would have returned them to the mint to be destroyed. Psychonaut 13:48, 3 Jan 2005 (UTC)
 * Not to mention, I have a numisimatic relative who gifts me with a new uncirculated set each year; the 50-cent piece has been there every year, through 2004. That set includes all the regularly-minted coins. Radagast 14:50, Jan 3, 2005 (UTC)
 * Yep. And I should also clarify that among the 50¢ coins I would receive from the banks were several bearing dates after 1987.  Thus the OP's theory of the 50¢ piece being withdrawn after the loonie's introduction is unfounded. Psychonaut 18:23, 3 Jan 2005 (UTC)
 * I have a 2001 50 cent coin sitting in my pile of change. While they're certainly not common, they are still in circulation, and Post Offices (real CanadaPost ones, not RPOs) commonly hand them out as part of any change. Snickerdo 04:28, 21 Jan 2005 (UTC)
 * To put it in terms us Americans can get, it's like our new dollar coin. You can get it in a bank if you ask for it, it's legal tender, but most people don't use it. - GregNorc  ( talk )
 * Well, I have it in a case and in a circular paper holder. One is from 2000 and another in 1999. It was sold by the Royal Canadian Mint. -- cncxbox


 * Why haven't I seen any half-dollars anymore than? I am a Canadian citizen, my grandfather keeps old, old coins like a late 1800 CDN/CAN cent, and old half-dollars. Banks do not have 50¢ coins here, so I don't think they're in circulation... in Quebec. Androo123 (talk) 21:28, 4 June 2008 (UTC)

Added some subsection titles...
Some of them seem ackward to me, but I couldn't think of any better ones. If anyone thinks they can make a better one, go at it... - GregNorc  ( talk )

Move specifications to other articles?
Now that there are seperate articles for each coin, containing all the information found in the Specifications section of this article, I think we should soon remove the chart of coin specifications and the picture of the coins from this article. In my opinion, we just need to add a photo of the current obverse to each coin's article, and then we should remove the coin specs from here. I think we should also work towards removing the bills from the specifications section too. Before doing this, we should start articles for all the bills and find individual photos of (at least) the front of each bill to add to these articles. I think the Birds of Canada series information could then be dropped from the Specifications section too. If desired, each of the individual bill articles could describe the previous version of the bill. --thirty-seven 10:05, Mar 5, 2005 (UTC)

I recognised the raised dots on the banknotes! The dots are one group of six dots on the $5, two groups of six on the $10, and so on. Scott Gall 09:22, 2005 May 1 (UTC)

Location of dollar bill scene
I remember reading, once upon a time, that on a bill there was a prairie scene showing Bluesky, Alberta, in the distance. Going through the list in the article, the description that comes closest is the 1954 $1 bill -- "Saskatchewan prairie". I'm tempted to correct this, but I don't completely trust my memory. Could someone check a good reference and confirm the location of this scene? Indefatigable 03:05, 22 August 2005 (UTC)


 * The BoC page on it describes it as "Saskatchewan prairie and sky"; I'll take their word on it, personally. Radagast 13:38, August 22, 2005 (UTC)
 * True, but since Saskatchewan is so flat, looking west from the eastern borders, you can probably see the Bluesky of Alberta ;)--WPaulB 19:21, 3 April 2007 (UTC)

Out of Ccirculation
Not mentioned here is the former C$0.20 piece... Trekphiler 22:53, 11 December 2005 (UTC)
 * I'm not familiar with that one... are you sure the Dominion of Canada (post-1867) produced such a coin? Radagast 17:34, 31 January 2006 (UTC)
 * Not sure of the date, but as I recall, it went out of circulation around 1911 with the intro of the dime. Trekphiler 02:31, 22 October 2006 (UTC)

Never heard of 20 cent piece. But their should be pictures of the 500 and 1000 dollar bills, plus trivia on bills (a 1000 bill sells for 1012 dollars if unopened, 1006 if opened, etc.)   Theonlyedge 02:49, 17 February 2006 (UTC)

Older exchange rate
There is a sentence in this article that says the dollar hit a 14-year high. Where does one find old exchange rate info? Yahoo Finance only goes back 5 years. Qutezuce 09:02, 2 March 2006 (UTC)
 * Statistics Canada's CANSIM data base has data up to 1945, but you have to pay for it. You can get free information from the Bank of Canada's for the last 10 years. I have uploaded a graph of the data from 1950. Luigizanasi 17:18, 2 March 2006 (UTC)
 * Thanks for the info. That is an excellent chart, and much needed in this article. Qutezuce 22:01, 2 March 2006 (UTC)

I have found a chart of exchange rates in an online book "A History of the Canadian Dollar" by James Powell, http://www.bankofcanada.ca/en/dollar_book/dollar_book.pdf. This book has a chart in the appendix with exchange rates dating back to 1858. JCB 14:16 PST 3 July 2006


 * This book even quotes Wikipedia!!! See p. 20 & p. 104. Anyway, it is a good reference. Luigizanasi 00:44, 4 July 2006 (UTC)

BoC images available
http://www.bankofcanada.ca/en/banknotes/legislation/images.html

This looks to be a compatible licence. Any images in particular that we could/should use? Radagast 15:13, 22 March 2006 (UTC)

Historic value
This article states that the dollar was originally valued at 5/-, but I'm pretty sure that's incorrect. Historically, the pound was valued at $4.862/3, and in Halifax, the dollar was rated at 5 to the pound, which makes it FOUR shillings (£1 = 20 shillings), not five. Nik42 02:31, 8 April 2006 (UTC)

Splitting the article
The article is overly long and difficult to navigate. What do others think of splitting it into Canadian dollar, Canadian coinage and Canadian bank notes, similar to what is done for the Pound sterling, British coinage and British banknotes? Luigizanasi 21:13, 20 April 2006 (UTC)


 * That may work quite well, especially considering that Withdrawn Canadian banknotes could be merged into that Canadian bank notes article. Radagast 21:09, 21 April 2006 (UTC)
 * I support splitting this article into the three articles as Luigizanasi describes. --thirty-seven 00:33, 22 April 2006 (UTC)

I have gone ahead and split the article. See Canadian coinage and Canadian banknotes. We probably need more specific and appropriate images for each article now. Unsigned comment by thirty-seven 19:01, 22 April 2006

CA$ vs C$
What are the arguments either way? I've seen both. Qutezuce 19:47, 29 April 2006 (UTC)
 * Neither - I think it's unnecessary to include this information, since the dollar sign ($) is used on its own 99.9% of the time in Canada when referring to the Canadian dollar. In foreign lands its common to use the currency code (CAD).  I'm sure some publications use C$ and CA$, but that may be due to their in-house rules - I don't think there's a consensus. --thirty-seven 04:41, 30 April 2006 (UTC)


 * The above is not necessarily agreeable and seems subjective. C$ is used and recommended in The Canadian Style (a style guide produced by the federal government) and notes increasing use of CAD (ISO); Editing Canadian English notes Can$ and CDN$ and also indicates ISO usage when necessary.  All are used globally and locally when needed to disambiguate and differentiate other dollar currencies.  I cannot directly attest to, nor does either publication note, CA$. E Pluribus Anthony | talk | 07:16, 30 April 2006 (UTC)


 * If there is no clear winner then we shouldn't be endorsing any one or any other. Qutezuce 07:26, 30 April 2006 (UTC)


 * This isn't a popularity contest per se: if they are verifiably common, any of them warrant inclusion. E Pluribus Anthony | talk | 07:36, 30 April 2006 (UTC)


 * Yeah, I meant that all of them should be listed. Qutezuce 07:46, 30 April 2006 (UTC)


 * OK; I guess my concern is that at least I cannot verify usage of CA$ but can do so for others. E Pluribus Anthony | talk | 07:54, 30 April 2006 (UTC)


 * This page says that Microsoft Money uses the symbol CA$ for the Canadian dollar. Qutezuce 19:58, 30 April 2006 (UTC)


 * Hmmm ... other usage? I think including all of the abbreviations upfront would clutter the intro.  Perhaps an equitable treatment of the various abbreviations would be to retain the CAD note upfront with C$ (per Australian dollar, etc.), and include others in a referenced footnote with brief expansion? E Pluribus Anthony | talk | 20:05, 1 May 2006 (UTC)


 * Sounds good. Qutezuce 20:44, 1 May 2006 (UTC)


 * Great; I've amended my comment above as well (C$ upfront, as per Australian dollar, et al.; others noted below). I hope that's OK.  E Pluribus Anthony | talk | 20:48, 1 May 2006 (UTC)


 * Done! E Pluribus Anthony | talk | 21:41, 1 May 2006 (UTC)


 * What about writing the amount "$500 (Cdn)". That seems to be a common form that people use. Qutezuce 22:19, 1 May 2006 (UTC)


 * Hmmm. I can't corroborate that (yet) and can possibly be added to the note if it can be.  Anyhow, I think it is partially covered off through the current note and otherwise might be unnecessary. E Pluribus Anthony | talk | 22:24, 1 May 2006 (UTC)

Canadian Style (2nd ed) was published in 1997 and it's only a guide. Even Public Works is inconsistent in their use: Personaly, I'm biased towards $100,000 CAD, given my exposure to forex trading and conversion. -- Robocoder ( talk | contribs ) 23:48, 11 July 2006 (UTC)
 * CAN $ 100 000
 * C$100,000

Economic projections of parity with US dollar
I added the above referenced statement. It was removed by another contributor. My opinion is that it is relevant and properly sourced. However, I'd like to gather feedback here to decide whether such a statement should be included or not in this article. I welcome anyone's expertise on whether such statements meet wikipedia standards. --thirty-seven 05:18, 2 May 2006 (UTC)
 * Some economists now speculate that the dollar will reach parity with the U.S. dollar by late 2007.


 * I agree with including some notation of this. Not only is it a topic of some interest, particularly if accompanied with some discussion of when C$ was last at parity with the US$, but it's 'recent' upward climb IMO warrants some sort of treatment. E Pluribus Anthony | talk | 08:16, 2 May 2006 (UTC)

Let's just say that it is now 3rd quarter and the dollar has hit parity and the projection has been validated. However forward looking statements like that stand a pretty good chance of being wrong. Therefore the validity of such statemens are unverifiable until they are proven or disproven. Once the comment is proven true or false the forecast is irrelevant. If the topic here was "economic projections of Canadian dollar pricing" then such comments would make sense. However is this not a compendium of facts regarding the history and current facts surrounding the Canadian dollar? If so it is not a place for financial forecasts but a place for collecting verifiable facts. A forecast about a future dollar price is never a verifiable fact until it is proven or disproven. At that point it would be entered as a fact and the forecast is pointless.

As for dicussion about its actual climb -- that may contain speculation about the reasons for its climb but again we are offering opinions about the actual prices it has attained and what it has been attributed to. When we get into forecasting future price and discussions about that -- does it not belong in a section about price forecasts? I cannot see price forecasts being relevant when documenting facts about the Canadian dollar's history (including history that occured only five minutes ago) without creating a section for the discussion of price projections. Having been a currency trader for more than 10 years I think the distinction between price history and price projections is as different as night and day. While people think that qualified analysts and researchers have track records of being at least slightly more reliable than not --the grim reality is that, typically, they are not. —Preceding unsigned comment added by 210.7.24.4 (talk) 06:50, 23 September 2007 (UTC)

Defacement & the Queen's Image
Anyone want to tackle the illegality of defacing Canadian currency due to the presence of the Queen's image?


 * Is there anything on the books about this? It's the first I've heard of it... Radagast 02:56, 13 September 2006 (UTC)


 * It's a somewhat commonly accepted and perpetuated "fact", possibly having roots in old Commonwealth laws, but I have yet to see specific evidence of it in any Canadian statutes. If anyone knows of the story behind all this, it might make for a good Trivia addition to the article. 206.248.129.46 20:11, 13 September 2006 (UTC)

On the paper
Anyone know who actually produces the paper C$ notes use? Trekphiler 02:34, 22 October 2006 (UTC)

Funny
The toonie has the "queen on the front, with a BEAR behind"

Redirect Incorrect
Why does a search on "Canadian Coin" link you to the page on the Canadian dollar, rather than to "Canadian Coinage" (or go direct, since the coinage link redrects to "Coins of the Canadian Dollar")? If the search doesn't specifying the coin, why is the redirect to this specific page?--WPaulB 02:17, 12 March 2007 (UTC)


 * I have scanned through everything that redirects to Canadian dollar. I fixed
 * Canadian coin → Coins of the Canadian dollar
 * Canadian hundred dollar bill → Canadian hundred-dollar bill
 * I don't know about Fuddlebuck. --ChoChoPK (球球PK) (talk | contrib) 02:36, 12 March 2007 (UTC)

Fair use rationale for Image:Loonie reverse view.png
Image:Loonie reverse view.png is being used on this article. I notice the image page specifies that the image is being used under fair use but there is no explanation or rationale as to why its use in this Wikipedia article constitutes fair use. In addition to the boilerplate fair use template, you must also write out on the image description page a specific explanation or rationale for why using this image in each article is consistent with fair use.

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Image
Can someone upload an image of banknotes and coins for the infobox, to match the US dollar and Mexican peso entries? Tim Long 23:36, 21 July 2007 (UTC)

What do ATMs dispense?
I added a new attribute to the currency infobox that indicates what denominations ATMs dispense. Examples are available at United States dollar and pound sterling. What about the Canadian dollar? --ChoChoPK (球球PK) (talk | contrib) 06:25, 4 September 2007 (UTC)
 * I removed the entry from the infobox myself because it is too WP:OR as discussed at Talk:Japanese yen. Sorry about taking your time. --ChoChoPK (球球PK) (talk | contrib) 03:20, 10 September 2007 (UTC)

ATM's here in Canada the vast majority of the time dispense purely 20's, but in ones at banks they often also will put out 50's. But I don't think that anything other than 20's or 50's are ever dispensed from ATM's.  —Preceding unsigned comment added by 99.228.201.107 (talk) 20:59, 6 February 2009 (UTC)

Fair use rationale for Image:CAD50 Front.png
Image:CAD50 Front.png is being used on this article. I notice the image page specifies that the image is being used under fair use but there is no explanation or rationale as to why its use in this Wikipedia article constitutes fair use. In addition to the boilerplate fair use template, you must also write out on the image description page a specific explanation or rationale for why using this image in each article is consistent with fair use.

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If there is other fair use media, consider checking that you have specified the fair use rationale on the other images used on this page. Note that any fair use images uploaded after 4 May, 2006, and lacking such an explanation will be deleted one week after they have been uploaded, as described on criteria for speedy deletion. If you have any questions please ask them at the Media copyright questions page. Thank you.

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Rarely Used Coins and Banknotes
While I understand that the 50 cent coin is still in circulation and legal tender, it seems fallacious to me to categorize it in the same way as the $100 bill. I have seen and used hundred dollar bills to pay for high-cost items and services (such as rent for an apartment), but have never seen a 50 cent coin used outside of a collectors context. I'm sure the bank would give me some if I asked, but they would automatically give me $100 bills if i made a large enough cash withdrawal. I suggest either moving the $100 bill out of the rarely used banknotes section of the infobox or adding a specification after the 50 cent coin listing saying something like "only dispensed on request by government and financial institutions" or something less wordy. Random89 22:18, 20 September 2007 (UTC)
 * While working as a cashier at Canada's Wonderland in 1989 and 1990, I would (relatively) regularly see people pay with the 50 cent coins. It was always tourists from other countries who'd have these 50 cent coins, not Canadians.  I don't know if it is the currency exchange places at the airports or foreign banks that was giving out these coins.  --Stéphane Charette 21:31, 28 September 2007 (UTC)
 * The other thing we'd regularly see is people paying with ancient Canadian bills. Bills from the 1950s for example.  We'd have to call for a manager to come and validate the bills.  Tourists would tell us it was money they'd kept from their previous Canadian vacations 30 years before.  I wouldn't be surprised to hear from cashiers now at tourist traps that they regularly see $1 and $2 bills, even though those have now been out of circulation for some time. --Stéphane Charette 21:36, 28 September 2007 (UTC)


 * There is a detail guideline at Template:Infobox Currency/doc. --ChoChoPK (球球PK) (talk | contrib) 07:36, 3 October 2007 (UTC)

CAD? CDN?
I've seen the currency code being given as CDN before. Has the ISO code changed, or have I caught on to a different system of TLAs altogether? -- Smjg (talk) 22:39, 20 April 2008 (UTC)

Rarely used bills
The rarely used bills is missing on the table, under the frequently used bills. A rarely used bill is the $2, which still exists but is not acceptable in any stores, and the ancient $1 bill, which also is not used anymore Androo123 (talk) 21:24, 4 June 2008 (UTC)

Terminology?
Why are there two versions of this section in the June 19, 2008 version of the article? Yahoo!Sirius (talk) 22:16, 20 June 2008 (UTC)

Is the Canadian dollar following the U.S. dollar now?
This is just a basic question from looking at some currency charts at Yahoo. It seems like since December the Canadian dollar has stopped making abrupt changes and is staying at roughly +/- 2% of the U.S. dollar value. For tourism and trade this seems like it would have obvious advantages, but is it policy or just coincidence? Wnt (talk) 17:16, 27 June 2008 (UTC)
 * Mostly coincidence, though the Bank of Canada sets the prime rate, which has an effect on currency trade, and hence the value of the dollar. However, the dollar's value is affected by other factors, notably the price of various resources, and their price trends. Mind  matrix  17:38, 27 June 2008 (UTC)

Image copyright problem with File:Toonie-reverse.jpg
The image File:Toonie-reverse.jpg is used in this article under a claim of fair use, but it does not have an adequate explanation for why it meets the requirements for such images when used here. In particular, for each page the image is used on, it must have an explanation linking to that page which explains why it needs to be used on that page. Please check


 * That there is a non-free use rationale on the image's description page for the use in this article.
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This is an automated notice by FairuseBot. For assistance on the image use policy, see Media copyright questions. --22:57, 5 March 2009 (UTC)
 * Done, added for the other 2 articles. I haven't even said "image-nazi's" lately. -Royalguard11 (T) 17:17, 6 March 2009 (UTC)

50¢ piece rarely used in most provinces
Regarding these edits, in what provinces is the 50¢ piece not rarely used? Indefatigable (talk) 16:20, 17 November 2011 (UTC)

100$ (CAD) Banknote
Why is this denomination listed as rarely used? It is currently in print and has been used in Canada for decades. What qualifies as "frequently" used vs. "rarely" used? If the 100$ banknote is classified as "rarely" used, then the 50¢ coin should not be listed at all. 216.99.52.202 (talk) 20:43, 26 August 2009 (UTC)


 * Agreed. The $100 banknote is commonly used throughout Canada.  Moved $100 banknote to 'frequently' used.  —Preceding unsigned comment added by Wiccapedia2 (talk • contribs) 04:37, 8 November 2009 (UTC)

Disagreed. The reason whay its rarely used is because Most stores will not take them. And most people will not use them.Michaelm (talk)


 * That's absolutely not true. $100 banknotes are mass produced in large volumes just like the other denominations.  They are available everywhere and used at most retailers.  Just because there has been some counterfeiting issues as of late doesn't make them "rarely used". 50¢ is a rarely used coin; I have never been given 50¢ change nor have I paid for anything with a 50¢ coin. $100 bills are not in the same category. I'd understand if the $2 banknote were listed as rarely used, because, yes, it is rarely used. I'm not going to change the $100 banknote back to "frequently used", because I really don't care that much, but I think that most Canadians would agree with my argument.  —Preceding unsigned comment added by Wiccapedia2 (talk • contribs) 20:57, 10 November 2009 (UTC)


 * The 100 bill is not rare at all, I see it at my work place (Safeway) all the time, almost every day. The 2 dollar bill in the USA, now that's rare! The fact that smaller businesses do not take them, does not indicate "rarity". Any major retailers will take them. Anybody that prefers to handle cash over debt or credit carries them, I have on occasion carried $100 bills myself. And lets not forget drug trade, $100 bills get used a lot there. Maybe they are just not seen in certain areas of Canada? different people have different habits? I live in Vancouver, and see them daily. It just seems silly to list the $100 bill as rare, it's not. Nebrot (talk) 13:03, 2 October 2011 (UTC)
 * This is certainly the case in Southern Ontario. I work in Metro (Grocery store) and probably receive 10 or so $100 bill every five hours.Celynn (talk) 06:37, 21 October 2011 (UTC)
 * There does not seem to be support or basis for listing the $100 banknote as rarely used. Marking resolved. Taroaldo (talk) 21:47, 16 June 2012 (UTC)

The reason whay its rarely used is because Most stores will not take them. And most people will not use them. Michaelm


 * Please stop putting the $100 bill back into the rarely used section after a consensus has been reached here. Keep in mind that 'rarely used' is meant for antique or collectors items, while the $100 bill is mass produced and widely available.   Shirudo   talk  05:51, 28 June 2012 (UTC)

In alot of stores befor you pay for something there is signs set up clery state "We do not take $100 bill as payment. http://en.wikipedia.org/wiki/Canadian_hundred-dollar_bill Michaelm (talk)


 * I think that there is a misunderstanding here. 'Frequently used' not only applies to small venues such as corner stores, but to all venues, such as supermarkets, electronics stores, and banks.  If it is relatively easy to aquire, and if even only certain types of stores accept it, it is 'frequently used'.  This applies to the entire country, so even if a certain town rarely uses it, as long as it is used regularily in some large area of Canada, then it is not rarely used.


 * I do not want to get into a revert-war so I am not going to revert again, but it would be nice if we could have a discussion, and/or a third party make a decision.  Shirudo   talk  10:48, 1 July 2012 (UTC)

Severe Inflation?
currently the article reads "Inflation in the value of the Canadian dollar was fairly low since the 1990s, but had been severe for some decades before that." - while between the end of World War II and 1990 inflation reached double digits in 7 separate years, reaching a postwar high of 14.5% in 1948, the average compounded rate of inflation during that time was 4.8%. The average rate in America was 4.5% - which also reached double digit rates more than once. What standard of 'severe' for 'decades' are we using? Jethro 82 (talk) 22:39, 19 July 2012 (UTC)
 * I agree, "severe" did not make sense. I edited the article. — P.T. Aufrette (talk) 04:23, 20 July 2012 (UTC)