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Bank of Canada unveils new $10 banknote in celebration of Canada’s 150th celebrations

4/10/2017

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#$10 Commemorative Banknote, #Canada, #BankOfCanada, #StephenPoloz, #indigenousCanadian, #Inuit, #Algonquin

The $10 commemorative banknote for Canada's 150th anniversary was unveiled on Friday at the Bank of Canada in Ottawa, media reports said.

The commemorative banknote, reported CBCNews, was created only for the fourth time in Canada's history. Previous commemorative notes created were: a $25 note for King George V's Silver Jubilee in 1935, a centennial dollar bill in 1967 and a more recent $20 note commemorating Queen Elizabeth II becoming Canada's longest-ruling monarch.

Stephen Poloz, Governor of Bank of Canada and Ginette Petitpas Taylor, parliamentary secretary to the minister of finance made the announcement and they showed the bill at the bank's headquarters in Ottawa Friday.

Poloz thought the plan to print 40 million notes would be sufficient for every Canadian to keep one.

Featured portraits at the front of the bill are: Canada's first prime minister, Sir John A. Macdonald, and fellow Father of Confederation Sir George-Étienne Cartier, Canada's first female member of Parliament, Agnes MacPhail, and James Gladstone, Canada's first Indigenous senator and member of the Kainai (Blood) Tribe.

Front of the note also featured images of Parliament’s Hall of Honour, the names of all the provinces and territories and a depiction of the Memorial Chamber Arch in the Peace Tower of Parliament’s centre block.

For the first time an indigenous Canadian and a woman other than the Queen are featured on the country’s currency.

Reverse of the bill portrayed a variety of Canadian vistas, based on public feedback on what Canadians wanted to see on the bill, said Poloz and added new $10 bill’s motive is to inspire in the citizens of Canada a sense of pride in its accomplishments as a nation.

Included in the landscapes were: Lions and Capilano Lake from British Columbia, fields of Prairie wheat, the Canadian Shield as seen in Quebec, a view of the Atlantic Ocean from Cape Bonavista in Newfoundland and Labrador and the northern lights as they appeared in Wood Buffalo National Park.

For the first time some security features are present in the note, said the Bank of Canada. Maple leaves that appear to be printed in 3D, below the owl illustration, are in fact flat to the touch.

The bill’s novel feature is its magnetic ink that changes colour, when tilted,  from blue to green.

Blessings from Inuit and Algonquin people, were included in the ceremony, before and after the note was presented to the public.

(Reporting by Asha Bajaj)

Image of the new $10 bill: courtesy Bank of Canada


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