NEW $20's ON THE WAY

Nov 05, 2012

By Michael Kramer

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We’ll see them  just before Remembrance Day.

New $20 bills are being released to pay tribute to the contributions and sacrifices of Canadian men and women in all military conflicts.

On Wednesday, the Bank of Canada will begin circulating the new bills which are made of polymer instead of paper.

On its reverse side  the note features a view of the Canadian National Vimy Memorial .

The bill will be formally introduced in a ceremony at the Canadian War Museum in Ottawa by Bank of Canada Governor  Mark Carney, Finance Minister Jim Flaherty and Veterans Affairs Minister Steven Blaney.

The 20 dollar bill  is the country’s mostly widely used bank note.

The Bank of Canada began issuing polymer money a year ago with a new $100 dollar bill, followed by a $50 dollar note in March.

New $5 and $10 dollar notes are scheduled to be issued by the end of 2013.

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