Canada’s Viola Desmond commemorative $10 banknote is to become a standard circulating banknote in the country later this year. The Viola Desmond commemorative banknote, released to celebrate the country’s 150th anniversary, is the country’s first banknote to have a vertical design. The 2017 version of the banknote will be considered a limited print, with the…
This summer, Canada will celebrate its 150th anniversary of Confederation. To mark the event, the Bank of Canada has issued a new commemorative $10 banknote. The note includes four portraits of notable Canadian parliamentarians chosen for their significant roles in shaping the country, namely Sir John A. Macdonald, Sir George-Étienne Cartier, Agnes Macphail and James…
The Bank of Canada (BOC) has unveiled a commemorative ten dollar banknote celebrating the 150th anniversary of Confederation. The new $10 banknote was unveiled on Friday 7th April by the Bank’s Governor Stephen S. Poloz and Parliamentary Secretary to the Minister of Finance Ginette Petitpas Taylor at a ceremony at the Bank’s head office in Ottawa.…
A portrait of Viola Desmond has been chosen to feature on the next circulating $10 Canadian banknote, expected in late 2018. It will be the first time a Canadian woman is featured on a regularly circulating Bank of Canada banknote. An icon of the human rights and freedoms movement in Canada, Viola Desmond was selected from…
Toronto based payments company nanoPay have acquired the digital currency platform MintChip™ from the Royal Canadian Mint. MintChip™ is “a digital replacement for cash” and, the company says, with backing from the Government of Canada, is the first regulator-friendly digital cash platform. “As a digital payment technology with many of the attributes of cash, MintChip™…
The Royal Canadian Mint’s digital payment technology MintChip™ was demonstrated last week during the 2014 National Retail Federation’s Annual Convention and EXPO. Though MintChip™ is still in its research and development phase, Ingenico, a leading provider of payment solutions based in Paris, introduced the first proof-of-concept of the MintChip™ payment technology on a POS retail…
The Bank of Canada has now completed the issue of its first polymer banknote series. The release of the new $5 and $10 polymer banknotes follow the gradual release of the previous $100, $50 and $20 denominations. Like the previous versions, the Bank of Canada state that the main motivation for the change to polymer…
Following the release of the $100 and $50 polymer banknotes, the Bank of Canada has recently issued the new $20 polymer banknote. This is the latest in the entire series due to be changed, with the new polymer $10 and $5 banknotes expected to be released by late 2013. Like the previous versions, the Bank…