OTTAWA — The Bank of Canada has begun circulating new $100 bills.
The polymer bank notes contain added security features that make them difficult to counterfeit but easy to verify. “Just as the images on this note depict Canadian achievements at the frontier of medicine, the advanced security features embedded in these new polymer bills are at the frontier of bank note technology,” Governor Mark Carney said. “This will protect Canadians against tomorrow’s counterfeiting threats. As well, these new notes will last at least two-and-a-half times longer than paper notes and will be recycled.”
Bank of Canada initially unveiled the $100 bill along with $50, $20, $10 and $5 bank notes in June. The new $50 will start circulating in March, and the $20 note will begin circulating in late 2012, followed by the $10 and $5 notes by the end of 2013.
Canada’s first polymer bank note will be available at financial institutions in the next few weeks.
Images courtesy of Bank of Canada