New Canadian $20 bill goes into circulation today
Canada's new plastic $20 bills go into circulation today.
The polymer bill (plastic like bill) is set to be issued less than a week before Remembrance Day, and pays tribute to the contributions and sacrifices of Canadian military men and women. The back of the bill features the Canadian National Vimy Ridge Memorial. On Tuesday, the new bill will get its official launch at the Canadian War Museum in Ottawa.The Bank of Canada began issuing polymer money a year ago, starting with the $100 bill in November and followed with the $50 note in March. The polymer notes are more secure and durable than earlier bills, according to the bank's website, which says they "are easy to check and hard to counterfeit."The $20 bill is the country's most widely used bank note.
New plastic $5 and $10 notes are scheduled to be issued by the end of 2013.
I think this is could idea for Canada because its nice to have a good looking bill and its also better for the economy if we have a bill that is hard to rip and harder to counterfeit. I also like the design they have picked by putting the Vimy Ridge Memorial on the back of it because I find that people don't give enough credit and recognize the young men who gave there lives to make Canada a free and independent place. I am excited to see the new bills and also excited to see the new $5 and $10 dollar bill by the end of this year.
This article affects me because I will be seeing and using the new $20 dollars bill and it will boost the economy and it will be good for a little change.
This article affects me because I will be seeing and using the new $20 dollars bill and it will boost the economy and it will be good for a little change.
Great article, I agree that it is good for canadas bills to be good looking and it is a good memorial by putting vimy on the bill.
ReplyDeleteThis is a great article, I think that this is a great thing to come out with. Now they can go threw the washer and cant be ripped and are overall a lot more durable. I think that this is awesome and try and make all of the bills out of this material.
ReplyDeletei think that in the long run that this will help not only the government money but people to! and these new bills are so much nicer looking then the once we have now
ReplyDeleteI think that this is a very patriotic thing that Canada did, putting the Vimmy Ridge Memorial on the back of the bill. I think this really promotes our national spirit and shows others that we did have a big effect on the first world war. I really think this was a very good move by the Canadian government to put something very important in Canadian history onto a very commonly used bill.
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