The Life and Death of the Canadian Penny
In 1497, only 5 years after Christopher Columbus’s first voyage, Genoese John Cabot discovered Newfoundland making Newfoundland the first colony ever acquired by Great Britain although they didn’t establish permanent settlements until later on. In 1534, Jacques Carter discovered the St. Lawrence River and founded New France. He began trading with the Native Americans. This trade became the keystone of Canada’s early economy with beaver skins being one of the first exchange me
