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Counterfeiting money carries serious penalties in Canada. Creating,
passing & possession of counterfeit money can land you up to 14 years in prison. Although the maximum for passing fiat coins is 2 years, all of these offences will gain you a criminal record, making it difficult to travel abroad and obtain gainful employment. The Criminal Code of Canada states:
450 Possession
450 Possession, etc., of counterfeit money
450. Every one who, without lawful justification or excuse, the proof of which lies on him,
(a) buys, receives or offers to buy or receive,
(b) has in his custody or possession, or(c) introduces into Canada counterfeit money is guilty of an indictable offence and liable to imprisonment for a term not exceeding fourteen years.
I am locking this topic for multiple reasons (a) the collecting and possession of counterfeit coins and currency is not condoned and any such items in ones possession should be turned over to the bank or law enforcement; (b) the focus of posts on this forum should be centered around Paper Money, although leeway may be given at times to related topics that may be of interest to numismatic collectors in general.
« Last Edit: March 11, 2023, 10:31:41 am by admin »
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Arthur Richards
Contributor, Charlton Catalogue of Canadian Government Paper Money, 19th, 20th, 21st, 22nd and 29th Edition
Pricing Panel Member, Charlton Catalogue of Canadian Government Paper Money, 21st Edition 2009