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Video: Canada's Polymer Banknotes Explained

First Posted: 06/22/11 11:32 AM ET Updated: 08/22/11 06:12 AM ET

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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.

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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 pr...
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 pr...
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Douglas Belanger
0 Fans
06:39 PM on 06/22/2011
I want them all! Those are awesome!
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HUFFPOST SUPER USER
bbertaud
Je ne regrette rien, rien de rien
199 Fans
 
04:28 PM on 06/22/2011
I want a bill with Celine Dion on it...maybe the 3 dollar bill hehehe
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Guy Incognito
Canadian. Sorry.
195 Fans
03:56 PM on 06/22/2011
"Wrapped in plastic...it's fantastic..."

Most retailers (especially small businesses) don't take $100 bills anymore. I can't imagine carrying $100 bills around as 'loose change' in my pocket.

At least polymer bills are recycleable. We'll almost be like Australia...if we turn the entire country into a penal colony we'll be well on our way there.
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SayBlade
This micro bio intentionally left blank.
492 Fans
03:50 PM on 06/22/2011
One question: Knowing that a paper bill can survive the laundry, what happens to one of these if left in your pants pocket in the dryer?
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HUFFPOST SUPER USER
tooldude
84 Fans
02:01 PM on 06/22/2011
Looks good, now do away with pennies, nickels, dimes and quarters.
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SayBlade
This micro bio intentionally left blank.
492 Fans
03:48 PM on 06/22/2011
While your're at it, make all vending machines and parking meters free.
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Brian Berneker
I have an opinion and I'm not afraid to state it!
118 Fans
 
01:53 PM on 06/22/2011
Yay another petroleum product.
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j0ch52
1 Fans
01:22 PM on 06/22/2011
taxpayers really needed this video made. they also really needed money dumped into making new bills no one carries around.
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Do The Math
12 Fans
11:55 AM on 06/22/2011
What next? Plastic loonies? Wooden nickels?
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