New Canadian Bills Cost Banks $100M
Canada’s new series of polymer banknotes will cost banks and financial institutions nearly $100 million according to the Bank of Canada. That price tag reflects the modifications that will need to be...
View ArticleNew $50 Canadian Bills Enter Circulation This Week
The Bank of Canada will begin circulating its new $50 polymer banknote this week. The bill is the second in a series of new banknotes the Bank of Canada will introduce over the next two years. The...
View ArticleCanadian Government Eliminates Penny
Unveiling their 2012 federal budget yesterday, Canada’s government announced their plans to eliminate the penny from the country’s currency landscape. The government said the one-cent coin costs too...
View ArticleBank Of Canada Unveils New $20 Bill This Week
The Bank of Canada is set to unveil its new $20 bill this week, the third in its series of new polymer banknotes. The new $20 note will feature an updated portrait of Queen Elizabeth II on the front...
View ArticleA Closer Look At The Security Features On The New Canadian $20 Bill
The Bank of Canada unveiled a new $20 bill last week, the latest banknote in their polymer series. The note is the third bill to be released in the series and features several security features to...
View ArticleOld Banknote Series Re-Emerges As Fake In NS
The “Scenes of Canada” banknote series hasn’t been printed in over 30 years, but RCMP in Halifax, Nova Scotia say counterfeit bills mimicking the old series have been popping up recently. The...
View ArticleBanknote Company Hired To Upgrade Ontario Bingo Facilities
The company that helped the Bank of Canada design its latest series of polymer banknotes is undertaking a new project that will see them help the Ontario Lottery and Gaming Corp. (OLG) modernize bingo...
View ArticleInterior BC Sees Spike In Fake Banknotes
The RCMP British Columbia has asked businesses to be on the lookout for counterfeit banknotes after a recent spike in fake bills hit communities in interior BC this month. According to a report...
View ArticleBank of Canada Set To Release New $20 Note
The Bank of Canada will continue with its new polymer banknote series by releasing the new $20 bill in less than a month. The new banknote – set for release on November 7 – is the third bill in...
View ArticleSouth Africa Circulates Mandela Notes, Canada Circulates New Twenties Next Week
Both South Africa and Canada are getting set to release their latest banknotes next week. The Reserve Bank of South Africa will be introducing an entirely new series of notes spanning five...
View ArticleThe Globe and Mail Investigates Canada’s Counterfeit History
As more and more Canadians find the new polymer $100 bill in their wallets and in their bank accounts – the Globe and Mail takes a look at the country’s recent history with counterfeiting. The first...
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