Central Banking

Bank of Canada launches first polymer banknote

bankofcanada

The Bank of Canada has launched the first of a new series of polymer banknotes, in a bid to tackle the threat of counterfeits.

The new C$100 bill, which went into circulation on Monday, is among the most advanced polymer banknotes in the world, according to the central bank. The note features a portrait of Sir Robert Borden, prime minister of Canada between 1911 and 1920, on the front and celebrates Canada’s contributions to innovation in the field of medicine on the back.

Mark Carney, governor

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