COMPANY TIMELINE
1897 Company established as a branch operation of American Bank Note Co. Appointed by Canadian government to supply banknotes and stamps
1910 Company formally incorporated
1973 American Bank Note sells 60 per cent of company to Ottawa businessman Charles Worthen
1976 Douglas Arends and business partners acquire control from Worthen. Douglas would eventually own 100 per cent.
1981 Canadian Bank Note purchases McAra Printing of Calgary
1981 Establishes lottery systems unit
1982 Acquires a plant in Ogdensburg, N.Y., to supply stamps to U.S. Postal Service
1987 Government phases out $1 bill in favour of coin.
1991 After the fall of the Soviet Union, wins big contract to supply currency to Ukraine 1993
Lists shares with Toronto Stock Exchange in $61.9 million initial public offering.
1994 Ronald Arends joins firm as chief operating officer
1995 Government phases out $2 bill in favour of coin.
2004 Douglas reacquires 100 per cent of company
2011
Bank of Canada introduces polymer currency manufactured by Canadian Bank Note and BA International
2012 BA International exits Canadian currency market
2013 Canadian Bank Note secures $396 million contract to supply Bank of Canada until 2022
2014 Company wins New Zealand banknote contract
2016 Canadian banks announce partnership with Apple Pay to allow payments with smartphones