Canadian Bearish

Canadian Bearish

4,780.00

1980s Canadian Dollars 2, 5, 10, 20, 50, 100

16" x 15" x 9"

In the early 1980s, Canada experienced higher inflation, interest rates, and underemployment than the United States did. The Bank of Canada rate hit 21% in August 1981, and the inflation rate averaged more than 12%.

Downward trends in the economy are known as a bear market. This is symbolically due to the fact that all Bears slash down with their claws.

 

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The Canadian Bear combines the various denominations of Canadian banknotes from the 1980s.