Canada cancels plan for C$200 banknote

The Bank of Canada has withdrawn a proposal to print a C$200 bill after a survey concluded that there is a significant current of opposition to its introduction.

The central bank-commissioned telephone survey of 2,000 retailers was carried out last December and found that 59% were opposed, with 40% "strongly opposed". The main objections included fear of counterfeits and the prospect of customers exhausting the all the change in a shop's till in one transaction.

Canada's largest existing denom

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: