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Topic: Bank of Canada Note Liabilities  (Read 6281 times)
BWJM
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« on: July 04, 2005, 11:11:41 pm »

Ever wonder just how many banknotes are actually out there somewhere?

Are debit cards, credit cards and electronic payments shrinking the amount of cash in circulation?

Find out by checking the Bank of Canada Note Liabilities tables.
« Last Edit: July 04, 2010, 08:10:48 pm by BWJM »

BWJM
Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
Treasurer, Waterloo Coin Society.
Show Chair, Cambridge Coin Show.
Fellow of the Ontario Numismatic Association.
BWJM
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« Reply #1 on: July 04, 2010, 08:11:23 pm »

The BoC Note Liabilities have been updated to include 2009 data.

BWJM
Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
Treasurer, Waterloo Coin Society.
Show Chair, Cambridge Coin Show.
Fellow of the Ontario Numismatic Association.
87Megalodon
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« Reply #2 on: July 04, 2010, 11:47:04 pm »

Very interesting. Thxs for the link Brent. Although it was disappointing to find out we lost 6 500's this past decade. I remember reading that an old lady cashed in 3 to a bank a while back, does anyone else know what happened to the others? And does the 40 include the ones in the National Currency Collection?
BWJM
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« Reply #3 on: July 05, 2010, 12:41:32 am »

I'm not entirely clear on the rules, but I believe that in some cases, material in the National Currency Collection is not considered a liability of the Bank, and in other cases it is. I think it depends on how the Collection got the note. For example, low numbered notes that were never technically issued are not liabilities, but a note that came in from one of the banks would be.

BWJM
Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
Treasurer, Waterloo Coin Society.
Show Chair, Cambridge Coin Show.
Fellow of the Ontario Numismatic Association.
 

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