Central Banking

Bank of Canada issues new $50 banknote

The Bank of Canada put into circulation Canada's new $50 banknote on Wednesday 17 November. The new note will be distributed and become available across the country over the next few weeks.

"To keep our economy functioning efficiently, it is crucial that Canadians have complete confidence in their banknotes," said David Dodge, Governor of the Bank of Canada. "That is why we are improving the security of Canadian banknotes by researching and developing new and enhanced security features like the

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FedNow – at last

The instant payment system might help fix the US’s rusty payment rails, but it also faces competition, says Dave Birch

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