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Canada introduces new polymer bank notes


June 24, 2011
By Alyssa Dalton

June 24, 2011 – Canada’s new polymer notes are now at centre stage for all to see. With its “leading-edge” security features, the Bank describes the polymer notes as being more secure, easy to check and hard to counterfeit.

The $100 note will launch in November and the $50 note in March 2012. The idea behind unveiling the look of the notes now is to give Canadians time to familiarize themselves with their appearance and security features, said the Bank. The $20, followed by the $10 and $5 notes, will be issued by the end of 2013.

“This is a big change for Canadians, and it’s a positive change,” explained the Bank of Canada. “They are far more durable and economical than cotton-paper notes and are expected to last at least 2.5 times longer before needing to be replaced.”

According to the Bank, the large transparent area combined with detailed metallic imagery has never been done before on any country’s currency.

The $100 note will highlight medical innovation and Canada’s long-standing commitment to medical research, while the $50 note will focuse on environmental research and feature the Canadian Coast Guard Ship Amundsen, a research icebreaker, confirmed the Bank.

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