whether or not the actual term "replacement" would be used in the description of the note.
Hi everyone.
The Bank of Canada refers to them as replacements.
Their function is replacement. This goes beyond the ones that were actually confirmed by them, but into the other areas as well. On my website, and the commencement of BlackBox I and II, the direct quote is there.
Saying "insert" now is simply a bad habit, since we now know more about them, and have the words directly from Bank of Canada. I see this bad habit being corrected by more and more people (thank God).
The Catalogue referes to them as insert replacements or sinply "inserts", as though to identify that they are not X notes or asterisk notes. The catalogue should now be uniform with the word "replacement" standalone, since we now know, right from the Bank of Canada, that they are in fact replacements.
Hudson