The Royal Canadian Mint began production in 1908 but their first circulating dollar coin was not produced until 1935.
Canada’s first circulating dollar coin was issued as a commemorative to honor 25 years of the reigning monarch His Royal Majesty King George the V and is often referred to as the Jubilee issue. The “Voyager” reverse design would prove popular among the public and would be the standard reverse design for future series under King George VI and Elizabeth II.
The obverse, designed by Percy Metcalfe, features the bust of monarch George V facing left. On the outer periphery is the latin phrase "GEORGIVS V REX IMPERATOR ANNO REGNI XXV" (GEORGE 5th, KING AND EMPEROR FOR THE 25th YEAR).
The reverse, designed & engraved by Emanuel Hahn, features an Indian and traveler (voyager) in a canoe paddling past a small inlet with pine trees and rays behind the inlet to represent the northern lights. There is cargo inside of the canoe and the bundle to the right (closest to the Indian) has the initials “HB” which represented the Hudson Bay Company. Just below the right of the canoe are the designer’s initials “EH”. On the outer periphery is the denomination “DOLLAR” and the word “CANADA”.
Being a first year coin and a commemorative, coins were saved in large quantities and are readily available.