2 Dollars

Banque du Peuple was a Montreal institution with an unusual founding philosophy — it was established in 1835 by a group of Patriote-affiliated shareholders as a deliberate alternative to the Bank of Montreal, which French-Canadian merchants regarded as an anglophone commercial monopoly. The bank's early notes were produced by Rawdon, Wright, Hatch & Co. in New York, then the dominant supplier of security printing to Canadian chartered banks, before domestic alternatives matured.

The bank collapsed in 1842, a casualty of the economic disruption that followed the failed Rebellions of 1837–38 and the subsequent suspension of the Lower Canada constitution. Notes from the 1835 issue are among the earliest in its series.