Canada’s New $20 Bill

Canada’s new polymer $20 bill will be put into circulation today.   The polymer bill is made of a plastic like material which makes the bill harder to counterfeit.  In addition, the polymer bills are expected to last 2.5 times longer than the old $20 bills that were made of cotton-based paper.

The new $20 bill features Canadian National Vimy Memorial – a timely release with Remberance Day only a few days away.

The $50 and $100 polymer bills were released in November 2011 and March 2012 respectively.  The $5 and $10 notes should be released before the end of 2013.

For more information please see the Bank of Canada’s press release .