The Canadian 1986 One Dollar coin, designed by Susanna Blunt, features a portrait of Queen Elizabeth II. Struck in nickel-plated steel, it marked Canada’s shift away from silver coinage. In 1986, Canada’s economy was recovering from the early 1980s recession, and the Canadian 1986 One Dollar symbolized the country’s stability during a period of economic adjustment.
Politically, Prime Minister Brian Mulroney worked on economic reforms and free trade agreements. The Canadian 1986 One Dollar, with Blunts portrait, represented national unity and the monarchy. The durable steel coin became an important part of Canadian daily transactions, reflecting both economic resilience and modern minting practices.