Tuesday, November 1, 2011

Plastic, Paper or Polymer

The look and feel of Canadian Money is changing! Starting mid-November, the Bank of Canada will introduce polymer-based bank notes into circulation beginning with the $100 bill, followed by the $50 bill in March 2012 and the remaining denominations will be issued by the end of 2013.
Polymer bank notes are printed on a smooth, durable film. There are over 30 countries that currently print some or all of their denominations on polymer, including Australia, Mexico and Romania.
Canada's new polymer bank notes are secure (security features are easy to verify and hard to counterfeit), durable (expected to last at least 2.5 times longer), innovative (the most advanced ever issued in Canada and among the most secure in the world) and better for the environment (will have a lower impact on the environment and will be recycled).
For more information about the new polymer bank notes, please visit the Bank of Canada's website at :
www.bankofcanada.ca/banknotes

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