bank of canada

This tag is associated with 16 posts

Examining The Benefits Of Polymer Banknotes

This week, Canada was introduced a new $100 polymer banknote marking the first time polymer has been used for a banknote series in the country. The switch from a cotton-paper blend to the plastic substrate hybrid is a change many countries have made since 1988 because these types of banknotes contain many advantages. A big […]

Businesses Critique New Canadian Polymer Bills

Canada’s first polymer banknote officially enters into circulation today, and though they are more durable and secure, small businesses are criticizing the new notes. The problem with the new $100 banknotes lies in its design, according to Ted Brosnan, president of John Poulet Cheque Writer Service. The see-through security features could lead to problems with […]

Behind The Scenes of the New Canadian Banknote – Part 2

With just a few weeks to go before the first banknotes from Canada’s new series enters into circulation, here’s another article detailing a behind the scenes look at the development of the new polymer notes. While a major goal of developing a new banknote series is to enhance security features, the design of the series […]

Behind The Scenes of the New Canadian Banknote

With just a few weeks to go before the first banknotes from Canada’s new series enters into circulation, here’s a behind the scenes look at the development of the new polymer notes. The development of Canada’s new polymer banknote series began nearly five years ago at the Bank of Canada. An advanced team of engine […]

Bank of Canada Invited Public Opinion On New Banknote Design

As the Bank of Canada prepares to put new polymer $50 and $100 banknotes into circulation, more details are being released about the design on the new bills. Last month, we wrote about the years of work it took to develop the security features for the new notes. The design of the bills also went […]

Canadian Business Magazine: “Counterfeiting Cat-and-Mouse”

Currency makers are fighting a constant battle to stay ahead of counterfeiters, and the bills in your wallet are the product of countless hours of R&D, combining some of the latest developments in chemistry, physics and material science. And with both Canada and the U.S. introducing new bills next year, they’re about to become a […]