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The note's design and change of material to a polymer (plastic) paper, for longevity and counterfeit prevention, was first announced on 10 March 2011. On 20 June 2011, Bank of Canada governor Mark Carney and Finance Minister Jim Flaherty unveiled the new $100 notes. [2] The previous 100-dollar note is dominantly brown in colour.
An American flag is flying over the Parliament Buildings on Canadian paper money. This is not the case. The Birds series notes depict a Union Flag flying over Parliament on the $100; a Canadian Red Ensign (a former Canadian flag) on the $5, $10, and $50; and the modern maple-leaf flag was on the $2 notes. (The $20 depicts the Library of ...
The Canadian dollar fell in value against its American counterpart during the technological boom of the 1990s that was centred in the United States, and was traded for as little as US$0.6179 on January 21, 2002, which was an all-time low. [40]
The $20, $50, $100, and $1000 banknotes had a colour-shifting metallic foil security patch on the upper left corner, an optical security device that was difficult to reproduce with the commercial reproduction equipment of the time. This was the last Canadian banknote series to include planchettes as a security feature.
The government fixed the value of the Canadian dollar against the pound sterling ($4.43 buying and $4.47 selling) and also against the US dollar ($1.10 (US$0.9091) buying and $1.11 (US$0.9009) selling). The government also imposed strict currency controls on exchanges with foreign currencies, particularly the United States dollar.
Canada’s current paper currency is the Canadian dollar, which is available in 5-, 10-, 20-, 50- and 100-dollar notes, according to the EduCanada website. Canadian coins circulate as the ...
The Canadian Bank Note Company printed the $1, $20, $50, $100, and $1000 banknotes, [6] [14] [15] and the British American Bank Note Company printed the $2, $5, and $10 banknotes, [6] [12] and later the $1 banknote as well.
Final conceptual designs were created by Canadian Bank Note Company, British American Bank Note Company, and De La Rue, the latter being the first foreign firm involved in the design of Canadian banknotes. [2] The design by De La Rue was selected by the Bank of Canada in 1964 as the basis for the new series. [2]