Early 16th Century
- Canada was inhabited by First Nations who traded in goods on a barter basis, therefore, currency was not used, except by the Ojibway, who used copper as currency.
- Special objects, such as a copper shield, had special economic and social value. The Haidas of the west coast, as a measure of status and wealth used these.
- Wampum was also used to measure wealth and as gifts.
- Aboriginals traded furs for supplies with European settlers and were fond of silver objects.
Read more about this topic: History Of Canadian Currency
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