Topic: New $5 Canadian Bank Note in the works...  (Read 74 times)
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« on: January 09, 2020, 02:13:54 pm »

Noticed the news in Governor Stephen Poloz's speech this morning:

New $5 Note Coming

That gives us at least four things to talk about in the fireside chat. But I want to make it five. That is because the Bank of Canada is close to announcing plans for a new $5 bank note. An ongoing priority for us at the Bank is providing Canadians with bank notes that include the latest security features so that they can continue to use them with confidence.

I can tell you today that we will soon be launching public consultations about who should appear on the new $5 note. This will be similar to the public consultations that led to the selection of Viola Desmond for the $10 note. This time we will be asking all Canadians to nominate any historic Canadian—someone who is truly banknote-able. So stay tuned for details about how you can get involved, coming around the end of the month.

  Smile from your heart.  ;D
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« Reply #1 on: January 14, 2020, 12:28:24 pm »

It was nearly four years ago—March 2016—when the same announcement was made for the $10. It was 2 years and 8 months after that when the note was actually issued. So it's looking like late 2022 when the new $5s will hit the streets. I predict we'll get a redesigned, vertical $20 before the $5 is issued.

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