Well, that's pretty cool. What a neat medal. It was obviously produced by the Royal Canadian Mint, Monnaie Royal Canadienne, in 2009. But just how, when, and where it appears in Mint products is somewhat a mystery. Visiting the RCM web site yields all sorts of gorgeous coins, tokens, and medals for sale, but not this one. It is, perhaps, used in the packaging of other mint products and does not appear by itself on the RCM site.
(If you have info on this piece, please leave a comment.)
Placing values on modern mysteries like this one is always a problem. More often than not prices are driven by slick advertising and intentional manipulation of supply and demand, rather than 'normal' numismatic (coin collecting) factors such as condition, mintage, and eye appeal.
You can find this piece on eBay once in a while, and the auction prices give you a decent idea of actual value. The specimen in our picture is a proof version, made with mirror-like surfaces, but non-proof versions also appear on eBay. Based on the limited eBay sales, our best guess at value goes like this:
NON-PROOF fully uncirculated: $6 US dollars approximate catalog value
NON-PROOF circulated: $2
PROOF with excellent eye appeal: $20
PROOF with compromised surfaces: $5
Use our Important Terminology page to understand how catalog values work.