LETHRBIDGE: The new $100, $50 and $20 Canadian polymer bills got company on Thursday, as
the Bank of Canada introduced the new $10 and $5 notes. Why Thursday, November
7th for the introduction? Read on to learn the significance.
$10 bill pays tribute to Canada's railway. The last spike of the trans Canada rail line was driven into a rail at Craigllachie,
B.C. on November 7th, 1885, by C-P's financial backer, Donald Alexander Smith.
The new $5 bill depicts the Canadarm 2 and Dextre on the back of the bill and
recognize Canada's contribution to space exploration.
The $10 and $5 bills are the last in the polymer series to be released and will gradually filter out through banks and merchants. The Canadian Mint expects the new bills to last two to three times longer than the old "paper" versions.
Posted on Thursday, November 07, 2013 at 4/19/2014 2:02:48 PM
Source: Dori Modney (On Twitter - Dori_Modney) -- Country 95 News