The Royal Canadian Mint is a for-profit Crown Corporation with a mandate to produce circulation and non-circulation coins (for Canada and other countries), manage the domestic coinage system, and provide advice to the Minister of Finance on all matters related to coinage. It also extends to the production and marketing of bullion and related refinery products and services for profit. Legislation which establishes the Mint is clear that the corporation is to conduct its businesses "in anticipation of profit". That fundamental object has shaped the history of the Mint.

The Royal Canadian Mint first began its operations on January 2nd, 1908, as a branch of Britain’s Royal Mint. The creation of the Royal Canadian Mint coincided with an era of burgeoning gold production in the Yukon and British Columbia. A refinery was needed to perform the complex work of bringing rough gold up to coinage standards.

The Canadian Mint's original refinery was completed in 1911. It rendered distinguished service to the British Empire throughout the Great War, producing the large quantities of gold bars with which Britain paid its debts to other countries.

In 1931, the heritage building on Sussex Drive, the surrounding land and the entire minting enterprise passed into Canadian hands, making the Mint a wholly Canadian institution. A new refinery facility, designed to meet any possible demand for many years to come, was built in 1936 to refine gold for mines and central banks throughout the world.

Still in operation today, the refinery has produced 9999 fine gold bars since 1969. Achievements include becoming the world’s first refinery to produce 9999 fine gold bullion coins and the first to achieve 99999 fine gold purity. More recently, the Mint created the largest coin in the world: the masterpiece 100 kg, 99.999% pure $1 million gold bullion coin.

In existence for more than one hundred years, The Royal Canadian Mint has emerged as a world-class provider of branded investment, collectible and secure payment products and services that connect people and inspire celebration.