The Canadian 1988 Five Cent coin, made of nickel, was issued during Prime Minister Brian Mulroney’s tenure when Canada-U.S. Free Trade Agreement had been implemented. The nickel industry continued to play a pivotal role in the economy, with the beaver design on the coin symbolizing Canada’s reliance on natural resources.
In 1988, Canada’s economy was increasingly tied to free trade, and nickel remained a key export. The Canadian 1988 Five Cent coin, composed of nickel, reflected the nations economic adjustments. The coins design and metal highlighted Canadas continued dependence on nickel and its importance in global trade relationships.