The Canadian 1987 Five Cent coin, made of nickel, was issued during Prime Minister Brian Mulroneys second term. Canada was navigating the effects of free trade agreements and adjusting to a globalized market. The nickel industry remained a significant contributor to Canadas economy, with the coin’s beaver design representing the nations reliance on its natural resources.
In 1987, Canadas economy was adjusting to new trade policies, with nickel exports playing a key role. The Canadian 1987 Five Cent coin, composed of nickel, reflected the ongoing importance of nickel in Canada’s industrial strength. The coin’s design reinforced the country’s resource-based economic foundation.