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The Bank of Canada unveils its new polymer $5 and $10 bills on April 30. The bank said the new notes have leading-edge security features to combat counterfeiting.
New polymer bills unveiled New notes to be more secure, Bank of Canada says michelle.nash@metroland.com
EMC news - Canada’s latest new bank notes became out of this world when Commander of the International Space Station Chris Hadfield helped unveil the new bills. The new polymer $5 and $10 bills were revealed at the Bank of Canada on April 30. Images on the bills include the Canadarm2 and Dextre-robotics innovations used to build and maintain the Space Station on the $5 bill and an image of the Canadian train traveling around the Rocky Mountains on the $10 bill. Orbiting more than 350 kilometres above the Earth Hadfield showed off the new $5 bill. “I try to inspire young Canadians to aim high. This new $5 bill should do the same,” Hadfield said. “By giving prominence to Canadian achievements in space, this bank note reminds us that not even the sky is the limit.” The front of the $5 features a portrait of Sir Wilfrid Laurier, Prime Minister of Canada from 1896 to 1911. Sir John A. Macdonald, who was Prime Minister of Canada
from 1867-1873, and an image of Macdonald from the time of the railway completion, is on the front of the note. This is the final two notes in the new polymer series, with the $20, $50 and $100 unveiled previously. Minister of Finance Jim Flaherty, Bank of Canada Governor Mark Carney and Paul G. Smith, Chairman of the Board at VIA Rail Canada joined Hadfield for the official unveiling. “Canadians can be very proud of their new polymer bank notes,” Flaherty said. “With today’s unveiling of the final two notes in the series, one can see not only the
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unique story that each of the five denominations tells, but the unifying theme that underlies them all - the profound courage, determination, and ingenuity of our nation and its people.” The Bank of Canada said the new notes feature a combination of transparency and holography, and is the most secure bank note series ever issued by the bank. The polymer series is also said to be more economical, with the notes able to last at least two and half times longer than the former cotton-based paper bank notes. Both notes will enter circulation in November 2013.
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Ottawa West News EMC - Thursday, May 9, 2013
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