NEWS

Video: Canada's Polymer Banknotes Explained

06/22/2011 10:32 EDT | Updated 08/22/2011 05:12 EDT

Earlier this week the Bank of Canada unveiled the first of Canada's new polymer bank notes. The redesigned $100 and $50 features a number of new security features and dashing new portrait of former prime ministers Robert Borden and Mackenzie King.

"The Bank's objective with every new series is to produce a bank note that Canadians can use with the highest confidence," said Governor Mark Carney. "The Bank is combining innovative technologies from around the world with Canadian ingenuity to create a unique series of bank notes that is more secure, economic and better for the environment."

But just what kind of high-tech security features are we talking about? The BoC has released a soothing video that explains how the new bills will foil counterfeiters.