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[2] [3] Although similar in appearance to braille, it differs because standard Braille was deemed too sensitive. The currency denomination must be recognized easily, thus the banknotes use full braille blocks (or cells) of 6 dots, ⠿ . The $5 bill has one cell, with the $10, $20, and $50 denominations each having one more cell than previous.
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]
The design process for this series began in 1963 with a primary goal of creating banknotes that were more counterfeit-resistant than the 1954 Canadian Landscape series it was to replace. [2] The Bank of Canada requested design submissions from security printing companies, receiving several from both domestic and foreign companies. [3]
The current 100-dollar note was put into circulation through major banks in November 2011, made of a durable polymer instead of the traditional paper notes. [1] The notes are dominantly brown in colour; the front design of the note features former prime minister Robert Borden and the design on the back depicts the discovery of insulin .
The theme chosen for the $100 banknote was "exploration and innovation". [4] Its design involved input from seven separate sources, among them Natural Resources Canada, the Canadian Space Agency, the National Archives of Canada, and the Canadian Canoe Museum. [9] The banknote was first circulated on 17 March 2004. [37]
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Wesley Wayne Weber [2] is a Canadian who is considered one of the country's most prominent counterfeit banknote creators. [3] [1] [4] Weber succeeded in counterfeiting the 1986 series Canadian hundred-dollar bill. They were the highest quality computer produced counterfeits of Canadian banknotes to date. [5]
Notes were produced for the government by the Bank of Montreal between 1842 and 1862, in denominations of $4, $5, $10, $20, $50 and $100. In 1866, the Province of Canada began issuing its own paper money, in denominations of $1, $2, $5, $10, $20, $50, $100 and $500.