Ottawa Citizen

COMPANY TIMELINE

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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

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