Archived - Minister Oliver Announces New Bank Note to Commemorate Canada's 150th Anniversary
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New bank note to begin circulating in 2017
December 5, 2014 – Ottawa, Ontario – Department of Finance
Finance Minister Joe Oliver today announced that the Bank of Canada will issue a commemorative bank note to mark Canada’s 150th anniversary. The special bank note will begin circulating by July 1, 2017.
The Bank of Canada will be leading the design process for the commemorative note and will undertake public consultations over the coming months. Details on the denomination, the number of notes that will circulate and the means to obtain the note will be made public closer to the issue date.
This commemorative note will be one of many celebrations and commemorations that the Government is planning for the 150th anniversary of Confederation.
- The commemorative bank note will be legal tender and will be accepted as a means of payment.
- The Bank of Canada has issued two commemorative bank notes in its history: a special $1 note to celebrate Canada’s 100th anniversary in 1967, and a commemorative $25 note in honour of the Silver Jubilee of King George V in 1935.
- At the end of October 2014, there were over 1.7 billion bank notes in circulation, worth about $66 billion.
- On the road to 2017, Canada’s 150th anniversary, we will celebrate milestones that have defined our country and made us who we are today. In 2015, significant milestones include the bicentennial of the birth of Canada’s first Prime Minister, Sir John A. Macdonald, and the 50th anniversary of the National Flag of Canada.
“I am thrilled that the Bank of Canada has begun work on a bank note to commemorate the anniversary of Confederation. Canada’s current bank notes are not only innovative and secure, but are also important cultural touchstones that reflect and celebrate the Canadian experience. I am sure this new commemorative note will capture what makes us all proud Canadians.”
- Joe Oliver, Minister of Finance
“Our Government is currently developing plans for celebrations of the 150th anniversary of Confederation. This occasion will be an opportunity to strengthen the ties that unite us and to work towards our country’s future. On the road to 2017, let us continue to celebrate everything that has helped make Canada a country that is strong, proud and free.”
- Shelly Glover, Minister of Canadian Heritage and Official Languages
“We want to commemorate Canada’s 150th anniversary with a beautiful bank note that captures what our country is about. We hope that Canadians from across the country will contribute their ideas and help us make this bank note a part of our shared heritage.”
- Stephen S. Poloz, Governor, Bank of Canada
Office of the Minister of Finance
Office of the Minister of Canadian Heritage and Official Languages
Department of Finance
Bank of Canada