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The Bank of Canada has contracted the Canadian Bank Note Company to produce the Canadian notes since then. The current series of polymer banknotes were introduced into circulation between November 2011 and November 2013. Banknotes issued in Canada can be viewed at the Bank of Canada Museum in Ottawa.
The Bank of Canada began the process for a banknote series to replace Birds of Canada in 1997 [1] by establishing a currency development team. [2] It faced several constraints, including the use of a more secure substrate, addressing increased counterfeiting, improving accessibility for those with visual impairments, and ensuring a financially feasible production because of budgetary ...
The eighth series of banknotes of the Canadian dollar was first released by the Bank of Canada in 2018. Like the preceding 2011 Frontier series, the 2018 series consists of polymer banknotes designed for increased durability and to incorporate more security features. It is the first series issued by the Bank of Canada printed in a vertical ...
The first commemorative banknote issued by the Bank of Canada was a $25 banknote in the 1935 series to commemorate the Silver Jubilee of the accession of George V to the throne. [3] [4] The royal purple banknote was issued on 6 May 1935, [4] and is the only $25 banknote issued by the Bank of Canada. [5]
The Canadian five-dollar note is the lowest denomination and one of the most common banknotes of the Canadian dollar. As with all modern Canadian banknotes, all text is in both English and French (see Official bilingualism in Canada).
Scenes of Canada is the fourth series of banknotes of the Canadian dollar issued by the Bank of Canada. It was first circulated in 1970 to succeed the 1954 Canadian Landscape series and was followed by the 1986 Birds of Canada banknote series .
Banknotes have been issued in Canada and the British colonies that confederated to form Canada from 1 July 1867. Between 1871 and 1944, Canadian chartered banks were authorized to issue bank notes for circulation in Canada. [ 1 ]
The primary impetus for the new banknotes was "the need to stay ahead of counterfeiters". [2] [3] By 2002, 10% of retailers in some parts of Canada refused to accept the $100 banknotes of the 1986 Birds of Canada series in financial transactions, [4] and by 2004, the counterfeit ratio for Canadian currency had risen to 470 parts per million (ppm). [5]
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