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Customs House

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Bank of Canada

Bank of Canada

The Bank of Canada opened its doors in March 1935, operating from rented premises in the Victoria Building on Ottawa's Wellington Street.

Conditions in the Victoria Building quickly grew cramped and inefficient, and in January 1936 Governor Graham F. Towers proposed the design and construction of new premises to Prime Minister Mackenzie King. King agreed, and by May the Bank had purchased a building site further west on Wellington Street, at a price of $83,500 (about $1.2 million in 2004 dollars).

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