The Canadian 1995 Five Cent coin, made of nickel, was issued during Prime Minister Jean Chrétien’s second year in office. Canada experienced a period of economic growth following the early 90s recession, with the nickel industry continuing to play a crucial role. The beaver design on the coin represented Canada’s natural resource-based economy.
In 1995, Canada focused on fiscal restraint and deficit reduction, while nickel exports remained a key contributor to the economy. The Canadian 1995 Five Cent coin, composed of nickel, reflected the importance of the nickel industry to Canada’s financial stability. The coins design and metal underscored Canada’s reliance on its natural resources.