28th March 2010, 8:17 PM
Wikipedia Wrote:In 1841, the Province of Canada adopted a new system based on the Halifax rating. The new Canadian pound was equal to four U.S. dollars (92.88 grains gold), making one pound sterling equal to 1 pound 4 shillings 4 pence Canadian. Thus, the new Canadian pound was worth 16 shillings 5.3 pence sterling.From: http://en.wikipedia.org/wiki/Canadian_dollar