To this date, only one ATM in my branch dispenses US $20 bills.  All the other ATMs dispense $10 bills.

Also, I did speak to a woman at the branch a few weeks ago and asked why the ATMs dispense $10 bills instead of $5 bills.  And the answer is very interesting.

Strangely enough, it is not due to $5 bills going through so much wear and tear and not getting replaced as often.  And it has nothing to do with demand.  It has to do with a "bigger is better" attitude, which is something many Canadians seem to have.  Canadians have been complaining about getting two $5 bills instead of a $10 - and the staff person believes it is just "silly" as two $5s still equal $10.  I am one of those Canadians who have this "bigger is better" thing to some extent, because I do not want $20 bills from banks (yes, I'd rather $200 in $10s over the same amount in $20s).

Also discovered something on Google Maps, and there were some comments about this on Google.  A branch in Metro St. John's had discontinued over-the-counter teller service five or six months ago - all of the branch's cash are strictly in the ATMs.

Also, a branch in Mount Pearl advises customers to withdraw from the ATMs only - implying that they are wanting customers to learn to use the ATMs - likely because it's the way of the future.  One customer had an issue with it, as he wanted to get some coins from a human teller, but a female staff person told him he had to go to the ATMs which obviously have no coins.

Many Scotiabank branches are getting bad reviews as people are complaining about bad service and certain attitudes of tellers. Maybe it's because they believe the end is coming, and they are certainly not happy about it.

May 11th:

Why do people do this???🤬

A perfectly good 1954 $1000…Signed Beattie-Coyne.  Somebody just has to write their name on it along with their bank account number.

It’s as if the person is saying “I don’t trust the bank teller to do her job…Here is my account and my name…This money belongs to me!”

Enjoy!
Dean

May 11th finds, part 2:
More photos of what I found this week…

Enjoy!

Dean

May 11th:  So many finds this week…

I guess spring has officially arrived, and people are cleaning out their closets and drawers…and cashing in old paper money!

I could not believe the volume of finds this week…Every single day, a bank would call me to check out some old bills.  Five different banks yielded a pile of banknotes, most of which are well circulated, but there are a few standouts, including:

Some nice older US notes, even a red seal $2!
Lots of 1954 series notes…Highlights being the very nice $50 and the $1000, both signed by Beattie-Coyne!  It’s too bad that someone wrote their name and bank account number on it.  🤬

A 1979 $20 replacement 5100 note.

You just never know what is still out there…

Enjoy!
Dean

I know it's an ancient thread but I was reading it and came up with this.

Nickel Lane is in my ears and in my eyes
There beneath the blue suburban skies
Nickel Lane

Thanks JBNs,

I have seen the shortlist for candidates for the new five dollar note and to be honest, I'm not impressed with the process for submissions, or the resulting short list.

I'm getting tired of the cancel culture of our historical figures, and can understand if the MOF isn't himself impressed with the short list.  Terry Fox has been done and the rest, while they have earned a spotlight on what they have done for the country, don't 'rise' to the significance of warranting being depicted on our national currency.  Sorry that's my opinion.

Personally I like Laurier, and think they should keep him, but putting Charles on a banknote would also be protocol at this point since he is the new reigning monarch and his predecessor is staying on the $20.  Elizabeth had not died when the planning of the new $5 note was first started and I think putting Charles on the five would be appropriate, and would understand the MOF's decision if he did this instead of the options he has been provided.

Cheers,
Breanna

Who is on the final design sitting at the MOF's office for approval?

(Oops - I misread your question Breanna72 - my reply below commented on the MOF's decision making process.  The current $5 design has 8 portrait finalists awaiting a decision from the Minister of Finance.)

It doesn’t matter because the responsibility and accountability rests with the Minister of Finance.

The minister can make the decision process as simple or as complicated as they want.  As we have seen and previously discussed on CPMF, the new $5 bank note design has become a long and convoluted process.  Unfortunately, the consequences of this process were predictable and no decision appears to be preferable to any decision for the next $5 note.

The new $20 is, thankfully, simpler.  The portrait shall be the reigning monarch and the back will continue to feature our Vimy Memorial.  Done!

A reminder - the first Vertical Issue bank note, Viola Desmond’s $10, entered circulation in November 2018 – five and a half years ago!

JBN

Hey JBNs,

the Minister of Finance.  This minister’s office is where the final $5 bank note design has sat for a long time.

Who is on the final design sitting at the MOF's office for approval?

Thanks B

The Bank is implementing the Government of Canada's plans and is proceeding with the redesign of the $20 note. As such, work on redesigning the $5 note has stopped.

Read between the lines – the Bank is different than the Government of Canada.

Our forum has pointed out before that the Bank of Canada designs new bank notes under the direction of politicians, namely the Minister of Finance.  This minister’s office is where the final $5 bank note design has sat for a long time.

The Bank of Canada prepares new designs of bank notes incorporating the latest security features and materials.  It makes essays of one or more designs following government instructions.  The final decision rests with government.

I believe the Bank can prepare both the $5 and $20 bank notes when directions (decisions) are received from the Minister of Finance.  Good luck!