Canada New $50 Bill: Plastic Money Coming To An ATM Near You

Canada 50 Bill

First Posted: 03/26/2012 3:49 pm Updated: 03/29/2012 2:58 pm

QUEBEC - The new Canadian $50 bill unveiled Monday contains a few changes in addition to the state-of-the-art plastic material introduced as part of Canada's ongoing currency overhaul.

Gone from the new bill are images of human-rights causes, like the women's liberation movement and the UN Declaration on Human Rights. Added is an image of an Arctic icebreaker, the Canadian Coast Guard research ship Amundsen.

Those variations on the back of the bill are to be expected, says the Bank of Canada, because every new currency series carries a different theme.

"The (new) theme is great Canadian accomplishments — in the country, in the world and in space," said spokeswoman Phuong Anh Ho Huu.

Missing from the updated bill are images of the women's rights movement of the early 20th century. They include the Famous Five case, the battle to have women recognized as persons under the 1867 Constitution. Another image that is gone is that of Therese Casgrain, the first female leader of a political party in Canada.

The old bill also contained a quote from the 1948 UN Declaration on Human Rights: "All human beings are born free and equal in dignity and human rights."

Those old images had been included as part of the theme "the Canadian journey," Ho Huu said. She noted they won't disappear overnight because the old $50 will continue to circulate.

"The Famous Five remain an important part of Canadian heritage and will remain in circulation for some time," she said.

Changes to currency are suggested by the Bank of Canada, following a round of public consultation, and subject to the approval of Finance Minister Jim Flaherty.

The front of the new $50 bill continues to carry the image of former prime minister Mackenzie King as well as its familiar reddish hue.

The most obvious change is in the texture of the plastic material, which contains hard-to-counterfeit elements like transparent bits and holograms.

The polymer $50 bill, released several months after a similar $100 bill, has become the first plastic note available through bank machines.

It is part of a broader upgrade of Canadian paper currency. In presenting the new bill in Quebec City, Bank of Canada governor Mark Carney called it state-of-the-art technology that will give Canadians confidence in the integrity of their currency.

Carney drew parallels between the currency and the subject matter it depicts.

"Just as the work of scientists on the Amundsen is expanding the frontiers of Arctic research, this new polymer series is expanding the frontiers of bank note technology," he said.

Carney said counterfeiting rates have plummeted in recent years, adding the new currency series would allow Canada to remain ahead of counterfeiters.

(Written by Alexander Panetta in Montreal)

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QUEBEC - The new Canadian $50 bill unveiled Monday contains a few changes in addition to the state-of-the-art plastic material introduced as part of Canada's ongoing currency overhaul.Gone from the ne...
QUEBEC - The new Canadian $50 bill unveiled Monday contains a few changes in addition to the state-of-the-art plastic material introduced as part of Canada's ongoing currency overhaul.Gone from the ne...
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02:27 PM on 03/27/2012
what a non story...now go make me a sandwich
11:30 AM on 03/27/2012
lol, We'll break you like ice.......
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11:26 AM on 03/27/2012
And btw, the invention of insulin totally deserves to be on our bank notes and I am proud that they are doing that.
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11:25 AM on 03/27/2012
Do you guys remember the birds? I miss those bills, they were very pretty.
Please dont freak out fellow leftists, this really isnt a conspiracy.
Here is the list for all our banknote series that we've bene through: http://en.wikipedia.org/wiki/Banknotes_of_the_Canadian_dollar#List_of_Bank_of_Canada_bank_note_series
The Scenes of Canada banknotes were also pretty awesome, though Ive never seen one in real life.
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PG13
07:13 AM on 03/27/2012
how Harper-ish
07:40 AM on 03/27/2012
Yes, and they could chosen a picture of a_g.ay couple being married.

Those Harperites are such hmofobes.*

*snark
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gravescanada
09:59 AM on 03/27/2012
Why not? Gay rights is to us now, what the civil rights movement was to Black People in the 1960's. You are just on the wrong side of history. 30 years from now, when its not big deal, I hope you tell your Grandchildren how you were against gay rights.
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11:21 AM on 03/27/2012
Speaking of great Canadian accomplishments, being on the forefront of the gay rights movement should be a source of pride for us all.
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Taylor Jay
I don't align myself with any political party.
07:40 PM on 03/26/2012
so remove all representation of human rights conquests for the country and throw up some boats, and a "research" ship after the government cuts the budget of almost all research labs and censors any findings they do happen to find on the scraps they are given???

get real Canada, the money has to be made this poorly so that when the Americanado comes to be we are more accepting of it.
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TwoZeroOZ
12:58 AM on 03/27/2012
If a north american union is ever formed, a new currency will be issued... So I'm not really sure your logic has any consistency...
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Latzy von Biron
Just living is not enough.
07:37 PM on 03/26/2012
Good news Canada, what took you so long?
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SayBlade
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06:54 PM on 03/26/2012
Are there accessibility features for blind and visually impaired spenders?
07:59 PM on 03/26/2012
Yes, braille cells that are more robust than their predecessors.
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SayBlade
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09:26 PM on 03/26/2012
One hopes the plastic will hold the dots better. They just flatten out after a while on the paper.
05:54 PM on 03/26/2012
When Mexico started the move to this plastic material years ago they reduced the size a little. Canada missed the opportunity to make it fit in our made in China wallets that fit in our little made in China pockets. Too much to expect when they didn't think to reduce the ridiculous size of our toonie, loonie, quarter, and nickle. Our dime is the only coin who's size could be related to value.
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SayBlade
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06:53 PM on 03/26/2012
Those made in China wallets were made for the American market where bills are smaller. Get one made in Canada or make your own wallet with duct tape.
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Latzy von Biron
Just living is not enough.
07:36 PM on 03/26/2012
A 'Made in China' valet would not last you very long. Remember the saying: I am not rich enough to buy things cheap.
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gravescanada
10:00 AM on 03/27/2012
A wallet made of duct tape would last longer than the made in China vinyl crap they sell.
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Add In Canadia
Egotism is a weakness
05:10 PM on 03/26/2012
So long as the money is colour coded like Monopoly money I'm happy. The last time I had to handle US currency was a little game of "Guess how much you have in your wallet"
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05:28 PM on 03/26/2012
I never understood how having everything be green was in any way helpful. And they call our money "funny money."
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stopgeorge
Paper Ballots WORK. Unverifiable e-voting doesn't
06:43 PM on 03/26/2012
Americans believe a whole lot of things that aren't remotely true.
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11:23 AM on 03/27/2012
They use the imperial system of measurements OFFICIALLY
Clearly they aren't about efficient so much as "we always done things this way so clearly its the best"
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Sean Connolly
04:58 PM on 03/26/2012
too bad that icebreaker is outdated, and we need to build new ones. Instead of 9 billion on new jets, we should spend another 9 billion on designing and building a canadian made icebreaker.
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SayBlade
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06:55 PM on 03/26/2012
While we're at it we should build our own war planes. Jobs for Canadians!
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JeanFrancois Lord
08:04 PM on 03/26/2012
that wont happen under the cons, they always destroy everything that is Canadian.