If you can read french, this article say that the BoC did release 2 $5 last year, but only the M/P signature one made it into circulation.
http://affaires.lapresse.ca/economie/canada/201402/10/01-4737250-deux-nouveaux-billets-de-5.php?utm_categorieinterne=trafficdrivers&utm_contenuinterne=lapresseaffaires_LA5_nouvelles_98718_accueil_POS22
This is not one, but two new $ 5 bills that were launched last year, although only cut signed by the governor Stephan Poloz was put into circulation on November 7. The same day, the Bank of Canada has also launched a new $ 10 bill, which covers the former signing Mark Carney.The banknote bearing the image of Wilfrid Laurier was unveiled on April 30, simultaneously in Ottawa by then Governor Mark Carney and Finance Minister Jim Flaherty and the International Space Station (ISS) by Canadian astronaut Chris Hadfield, ticket in hand, in describing the main features.
Mr. Hadfield was aboard the ISS since December 21. Or he took off with the note in his luggage, or it has been supplied by American astronaut Chris Cassidy, who joined the ISS on March 29, one month before the launch of the new cut.
New governorMr. Poloz was appointed Governor on May 2, two days after the launch of the $ 5 bill, and took office on June 3
On the site of the Bank of Canada, specimens of new $ 5 bills also bear the signature of Mark Carney.
Under the Law on Access to Information, La Presse has tried to find the additional costs for making new plates signed by Mr. Poloz printer Company Canadian Bank Note (CBN) and storage costs already stored tickets ornate calligraphy Carney.
Information provided will make no mention. Complaints were brought to the Office of the Information Commissioner.
In the documentation provided by the Bank, we learn that even when, on 30 May, four days before the inauguration of Mr. Poloz, the Bank entered into communication with the printer to coordinate CBN etching the signature of Mr. Poloz.
Changing signature requiredIn another email, it says that the change of signature is required to comply with the law.
There is also a question of ensuring that the new signature has the same line as the template and Senior Deputy Governor Tiff Macklem.
It highlights as Mr. Carney had been correct when plates signed by Mr. Macklem had to replace that of Paul Jenkins, who had left the Bank in July 2010.
The signature of Mr. Jenkins remains however on the $5 and $10 in the Canadian Journey series, still widely in circulation today, that Mr. Macklem replacing on the latest $20 bills this last issue cotton paper. The greenback polymer was launched in February 2012.
The launch of the polymer series was originally intended to fight against counterfeiters, reached easily counterfeit notes $50 and $100, to the point where many merchants refused to.
In addition to the issue of the Bank of Canada from June 20, 2011, Charles Spencer explains that "the initial cost of polymer notes is almost double that paper banknotes [...]. However, the expected long-term reduce the need for reprinting and replacing worn "banknotes.
This means that the cuts signed by Mark Carney are promised a good life, unless they are removed from the circulation by the end of their useful life. However, this would reduce the seigniorage income of the Bank.
However, the correspondence between the Bank and its printer also reveals that new notes $10, $20, $50 and $100 must be printed this year, although launch dates have been redacted.
Presumably, the schedule will be delayed. The other signatory tickets, Tiff Macklem, resigned on December 5 and his successor has not yet been named.
His signature on banknotes last she as long as Mr. Jenkins?
Otherwise, how the Bank should she spend to replace it?
