The Canada 150 bank note is issued!
The public reveal of our new Canada 150 bank note design (we call it the C150), with its various ceremonies and crowd of dignitaries, was a pretty big deal (see the blog). The media event surrounding the same note’s release into circulation, (or “issue” as we like to call it) was, by contrast, a much quieter affair. Such things usually are. (No astronauts were involved—see the issue of the Polymer $5)
In a modern twist, Governor Stephen S. Poloz took a “selfie” while holding a C150 note before meeting up with the Honourable Ginette Petitpas Taylor for the main photo‑op. Petitpas Taylor is the Parliamentary Secretary to the Minister of Finance and was representing the Honourable Bill Morneau at the event.
It was a two-part photo-op: the Governor and Petitpas Taylor posed across the street from the Bank holding notes and then walked the two blocks to a gift shop on Sparks Street to place those notes into circulation. The only slight drama arose from the weather. Not only did the wind play havoc with our subjects’ hair, but clouds kept passing over the sun, making the photographers sweat a bit as they coped with the constantly changing light. But Governor Poloz and Petitpas Taylor nevertheless braved the gusts, posing cheerfully with their new C150 bank notes.
There then followed the curious spectacle of a gaggle of media hurriedly lugging all their gear down Sparks Street and cramming themselves around the cash desk of a nearby gift shop. Mr. Poloz strolled in and bought some maple candy and Ms. Petitpas Taylor chose some soap. Both paid with crispy, new C150 notes, of course. When the dignitaries left, cameras crowded around the sales desk, while their owners made the clerk (who was a good sport about it) repeatedly take the bill out of the register and put it back again.
In my last blog about this note, I spoke about the portraits. Now, as promised, I’ll chat about the more than a dozen other visual elements on the back and front. From the public consultations that informed the design, it was clear that Canadians’ identification with the landscape remains very strong. Back in 1954, the Bank’s Canadian Landscape series of notes promoted Canadian identity through its regional landscapes, featuring big vignettes that beautifully captured a broad snapshot of our vast country. Mind you, the designers had eight notes to work with.
The C150 design team didn’t have the luxury of such a vast canvas and was challenged to represent Canada’s wildly diverse regions on the back of just one note. The resulting note’s five gorgeous landscapes manage to elegantly showcase almost all geological regions of Canada. We’re just that much more efficient these days.
Apparently not satisfied with the four portraits on the front and five landscapes on the back of the bill, the C150 team included another ten visual elements to further represent Canada’s culture, history and land—and further frustrate counterfeiters, of course. These elements are applied via a number of security printing methods employed by the Canadian Bank Note Company. Vignettes such as the arrow sash patterns at the top and bottom or the Hall of Honour are lithographic prints, while the features such as those in and around the large transparent window are printed using metallic, colour-shifting inks. These inks change colour when you tilt the bill and make the maple leaves at the bottom of the window appear to be three dimensional. Good old-fashioned intaglio printing originating from steel engravings was used for the portraits and landscapes, recognizable by lightly brushing your fingertips across their raised surfaces.
In fact, so rich in detail is this note that you really ought to see it up close on the Bank of Canada’s website. There you’ll find a beautiful, fun and fascinating webpage with an interactive note you can flip over and inspect. You will also find background information on all the imagery along with a couple of really slick videos.
Better still, pick up a C150 note for yourself at your friendly, neighbourhood financial institution. If, like some of us, you are planning to keep the note, get two so you can spend one. It is money, after all, and it won’t commemorate anything while stored in your sock drawer.
The Museum Blog
Fur Trade Economics
Over its 350-year lifespan, the Hudson’s Bay Company has had an enormous impact on Canada’s economy and how the nation was settled.
The house the Bank of Canada built
By: Graham Iddon
The Bank of Canada head office is two structures: the stone cube on Wellington Street and the glass structure that it is nestled into. Both are significant architectural landmarks.
Value is in the Eye of the Consumer
By: Graham Iddon
Supply and demand is part of the very bedrock of an economy. It's what generates the price of any product or service.
Mishap on the dollar
By: Graham Iddon
An image of a river of logs floating behind Parliament Hill has long lived in Canadian collective memory thanks to a bank note, the Scenes of Canada $1 bill.
The Last Smokestack
By: Graham Iddon
Putting an industrial facility on a bank note is not a casual decision. At the end of the 1960s, such places were earning a bad reputation for pollution. There was actually a good reason for this choice, but it wasn’t obvious to many Canadians.
Playing with Economy
By: Graham Iddon
There might be only a handful of basic game formats, but there is an infinity of variations—a surprising number of which require the skills we need to manage our daily economic lives.
Economic Opportunity Costs
By: Graham Iddon
With his superpowers, Peter Parker would no doubt do a fabulous job of tiling his kitchen backsplash. But as Spider-Man, he has more valuable things to do with his time.
How Many Groats Are in a Noble?
By: Graham Iddon
For daily users of modern money, getting an understanding of the old British system of currency can be an act of confusion and wonder. But it’s also a peep into 13 centuries of European numismatic history.
Understanding Money: Common Questions
By: Nathan Sells
Ever wondered who decides what goes on Canadian coins or bank notes? Or why our coins have certain names and our notes are different colours? Use this guide to help answer some of your money-related questions!
Teaching Economics During the COVID-19 Pandemic
By: Adam Young
Authentic, teachable moments show students how the Bank of Canada is helping the economy navigate the COVID-19 pandemic.
The Story Behind the Engraving
By: Graham Iddon
The men on the back of this bill were part of a small community of families, a summer hunting camp called Aulatsiivik on Baffin Island.
If I Had a Million Dollars…I’d Be Reasonably Well Off
By: Graham Iddon
When the Barenaked Ladies released “If I Had a $1,000,000,” they could have considered themselves reasonably rich. And today? Well, there’s this inflation thing…
Johnson’s Counterfeits
By: David Bergeron
Johnson’s entire family, two girls and five boys, was involved in the counterfeiting operation: dad made the plates, the daughters forged the signatures and the boys were learning to be engravers.
The Reluctant Bank Note
By: Graham Iddon
Among 1975 $50 bill’s various design proposals were three images, three thematic colours and even three printing methods.
Nominating an Icon for the Next $5 Bank Note
By: Graham Iddon
Using a Bank of Canada Museum lesson plan, nearly 200 students told us who they thought should be the bank NOTE-able Canadian on our new $5 bill.