The Royal Canadian Mint was set up in 1908 as an offshoot of the Royal Mint in the United Kingdom, though unlike branches in Australia, the Ottawa mint was primarily created to convert gold Sovereign coins into ingots suitable for the US Treasury as debt repayments for war loans.
The Canada Mint is famous for its Maple Leaf bullion coins, but is also a world leader in refining quality. It competes with the Perth Mint to produce gold beyond 999.9 purity.
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