On Monday, Bank of Canada Governor Mark Carney apologized to those offended by the Bank's handling of the design process of its latest $100 bills. It seems to me that the Bank always had good intentions, even if terribly executed. Given the feedback, it isn't surprising that the Bank reconsidered using the image. If they had left it, they were stuck with a bill that some found offensive. It was lose-lose. My two cents? Stick to pictures of animals.
Bank of Canada
After much indignation from Canadians, some who do not fit the "neutral ethnicity" the Bank of Canada's P.R. team had seemingly invented, Bank governor Mark Carney, offered a carefully worded statement this morning. Though the governor "apologizes to those who were offended," admitting that "the Bank's handling of this issue did not meet the standards Canadians," there were many points missing from the statement. The Twitterverse is abuzz about the underlying problems in Canadian society which proclaims allegiance to multiculturalism.
Money -- even Canada's new polymer bills -- are articles of faith, and we're in for a reckoning. We hide debt by spreading it among provinces and municipalities. Our statisticians play with numbers to convince us that inflation is much lower than it actually is.