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The Canadian dollar returned to a fixed exchange rate regime in 1962 when its value was set at US$0.925, where it remained until 1970. [38] As an inflation-fighting measure, the Canadian dollar was allowed to float in 1970. Its value appreciated and it was worth more than the U.S. dollar for part of the 1970s.
The government fixed the value of the Canadian dollar against the pound sterling ($4.43 buying and $4.47 selling) and also against the US dollar ($1.10 (US$0.9091) buying and $1.11 (US$0.9009) selling). The government also imposed strict currency controls on exchanges with foreign currencies, particularly the United States dollar.
In 2025 newly elected President Donald Trump issued a 25% tariff on Canada, claiming it was to counter illegal immigration and the distribution of fentanyl. Statistics however show most illegal immigration on the US-Canadian border come from the US and fentanyl distribution from Canada is barely 0.2% compared to over 98% coming out of Mexico. [172]
Montreal [a] is the largest city in the province of Quebec, the second-largest in Canada, and the ninth-largest in North America.It was founded in 1642 as Ville-Marie, or "City of Mary", [19] and is now named after Mount Royal, [20] the triple-peaked mountain around which the early settlement was built. [21]
CBFT-DT (channel 2) is a television station in Montreal, Quebec, Canada, serving as the flagship station of the French-language service of Ici Radio-Canada Télé.It is owned and operated by the Canadian Broadcasting Corporation (known in French as Société Radio-Canada) alongside CBC Television outlet CBMT-DT (channel 6).
Between 1835 and 1852, the Bank of Montreal, La Banque du Peuple, the City Bank and the Quebec Bank issued 1- and 2-sou (1 ⁄ 2 d and 1d) tokens for use in Lower Canada. The Bank of Upper Canada issued 1 ⁄ 2 d and 1d tokens between 1850 and 1857.
The Montreal Canadiens at the Bell Centre. Sports in Quebec constitutes an essential dimension of Quebec culture. Ice hockey remains the national sport. This sport was played for the first time on March 3, 1875, in Montreal and has been promoted over the years by numerous achievements, including the centenary of the Montreal Canadiens. [347]
Canadian French; Français canadien: Pronunciation [fʁãˈsɛ kanaˈd͡zjɛ̃]: Native to: Canada (primarily Quebec, Ontario, Manitoba, New Brunswick, Prince Edward Island, and Nova Scotia, but present throughout the country); smaller numbers in emigrant communities in New England (especially Maine and Vermont), United States