Portal:Conservatism/Selected picture/25

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An economic downturn was beginning in Canada by 1958. By mid-1961, differences in

election for June 18, 1962, the party had been damaged by loss of support in Quebec and in urban areas as voters grew disillusioned with Diefenbaker and the Tories. The PC campaign was hurt when the Bank of Canada was forced to devalue the Canadian dollar
to 92½ US cents; it had previously hovered in the range from 95 cents to par with the United States dollar. Privately printed satirical "Diefenbucks" (pictured) swept the country.

Credit: Wehwalt