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Topic: Any savings from discontinuing the use of Replacement notes?  (Read 598 times)
Dean
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« on: April 16, 2022, 11:01:16 am »

Hi,

With the Bank of Canada no longer using replacement notes, have there been any savings realized due to the change in practice?

In the Charlton Catalogue, it says that "...almost three and one half million additional notes were printed to compensate for spoilage."

Surely, this cannot be more cost effective than printing a run of replacement notes...

How much does each sheet of polymer notes cost to produce?

Dean

 

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