Will we see a new signature this year? I hope so..

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Received this today

This is in response to your email requesting information on the signature of the new Senior Deputy Governor.
 
All bank notes issued by the Bank of Canada bear the signatures of the Governor and Senior Deputy Governor who are in office at the time the notes are printed. So when the people in these positions change, so do the signatures.
 
However, new notes are not necessarily printed as soon as a new Governor or Deputy Governor is appointed. The Bank has to first deplete its stock of existing notes before it prints new ones. Therefore, it may take some time before bank notes with new signatures are put in circulation, depending on demand and existing stock.
 
Every note printed after July 1, 2010 will feature the signature of Mr. Tiff Macklem. A change in signature involves the engraving of new plates.  The Bank coordinates this engraving with the production process for the printing of new bank notes.
 
I hope this information is helpful and thank you for your interest in Canadian currency.
 

If we are lucky we may start seeing them showing up at the end of the year. Keep in mind there has not been any 2010 notes reported as of yet. Any 2010 notes that do get spotted could have been printed all before july 1st.

$20 Canadian Journey (Descriptive Video) - New signature of Tiff Macklem and Mark Carney

http://www.youtube.com/watch?v=QLEXg1AHx2U

{http://img852.imageshack.us/img852/8708/newsignatureoftiffmacklo.png:http://img852.imageshack.us/img852/8708/newsignatureoftiffmacklo.th.png}

Here is the reply I got....blah blah blah......

This is in response to your email requesting information on the signatures of Senior Deputy Tiff Macklem.

 

All bank notes issued by the Bank of Canada bear the signatures of the Governor and Senior Deputy Governor who are in office at the time the notes are printed. So when the people in these positions change, so do the signatures.

 

However, new notes are not necessarily printed as soon as a new Governor or Deputy Governor is appointed. The Bank has to first deplete its stock of existing notes before it prints new ones. Therefore, it may take some time before bank notes with new signatures are put in circulation, depending on demand and existing stock.

 

Governor's signature

 

Every note printed after February 1, 2008 features the signature of Mr. Mark Carney.   A change in signature involves the engraving of new plates.  The Bank coordinates this engraving with the production process for the printing of new bank notes.

 

Deputy Governor's signature

 

Every note printed after July 1, 2010 will feature the signature of Mr. Tiff Macklem. A change in signature involves the engraving of new plates.  The Bank coordinates this engraving with the production process for the printing of new bank notes.

 

I hope this information is helpful and thank you for your interest in Canadian currency.

 

Regards,

Carol Ann Levett

Client Service Representative

Bank Note Communication Team

Bank of Canada

1-888-513-8212

Interesting how Mr. Macklem is the first in Bank of Canada history to use his full first name in his signature on banknotes.  All other governors and senior deputy governors used initials for their first and middle names.

You are right.
It only ever happened once before back when it was the Dominion of Canada, Acting deputy finance minister Watson Sellar had his whole name printed on the bank notes. This can be seen on some of the 1923 $1, $2 and all 1924 $5 notes.