 Since 1935, all banknotes are printed by the Ottawa-based Canadian Bank Note Company under contract to the Bank of Canada.Previously, a second company, BA International (founded in 1866 as the British American Bank Note Company), shared printing duties.In 2011, BA International announced it would close its banknote printing business and cease printing banknotes at the end of 2012; since then, the Canadian Bank Note Company has been the sole printer of Canadian banknotes.