In this day and age, Canada has only five different banknotes ($5, $10, $20, $50, $100) that are currently being printed. This is because large amounts of money can be electronically transferred and small amounts, such as a $1, have been replaced by coins. Due to all of this, the twenty-five-cent bill, the one-dollar bill, the two-dollar bill, the four-dollar bill, the twenty-five-dollar bill, the five-hundred-dollar bill, and the thousand-dollar bill have been withdrawn from circulation.

The twenty-five-cent bill was issued  in 1870 by the Dominion of Canada. It was also known as a shinplaster. This bill was intended to be around for only a short time, but was reissued in 1900 and 1923 then recalled by the Bank of Canada in 1935.

The one-dollar bill stopped being printed in 1989 and was replaced with the loonie.

The two-dollar bill stopped being printed in 1996 and was replaced by the toonie. These are not seen very often in circulation anymore, although there was over 109,000,000 notes that were not returned to the Bank of Canada in 2006.

The four-dollar bill started being issued in 1871 by the Dominion of Canada. It was last issued in 1904 and was withdrawn in 1912 to be replaced with the five-dollar bill.

The twenty-five-dollar bill was issued by the Bank of Canada in 1935 to commemorate the silver jubilee of King George V. It was a limited release not printed in big amounts.

In 1935, the Bank of Canada issued  the five-hundred-dollar bill. It has not been printed again since.

The thousand-dollar bill stopped being printed in 2000. The demand for this bill was low and it was used for money laundering so it was withdrawn.

The Royal Canadian Mint is run by the Crown Corporation, which produces Canadian silver dollars, and as such all the coins and currency notes in Canada. The Canadian silver dollars to be issued were minted in 1935. The Canadian silver dollars of this year were meant to commemorate King George the fifth’s silver jubilee. It is one of the first commemorative coins issued by the Canadian Mint.The design for these early silver dollars was produced by Emanuel Hahn. One side of the coin depicted a voyager sitting with a Canadian Indian, paddling a canoe. The Northern Lights are also shown in the design. The Royal Canadian Mint used the design for late as 1986, making it one of the most long-lived designs for any coin in its class.

Staring in 2000, the Canadian silver dollar has been issued with a different design. In 2004, the Canadian silver dollars were on the theme, ‘Voyage of Discovery.’ The coin was designed by D. F. Warkentin. Proof mintage of these silver dollars was 121,575, each selling for $29.95. BU mintage of these Canadian silver dollars was 62,975, and each coin sold for $19.95.

The Discovery of Cobalt was the theme for the design of Canadian silver dollars in 2003. The following year another Canadian silver dollar design was minted on the 400th anniversary of the first settlement of the French in North America. In 2005, another Canadian dollar silver was produced, this time for the 40th anniversary of the Canadian maple leaf flag’s adoption. The theme of 2006 Canadian silver dollar was the Victorian Cross, again designed by the staff of the Royal Canadian Mint.

In 2007, the theme of Canadian silver dollars is Thayendanegea Joseph Brant.

About the Author
Jack Brynaur owns and operates http://www.canadianforex.info, a site focused on Canadian Forex.

Welcome to the Canadian and U.S. Money Blog. Here you can post articles and your comments on U.S. Paper Money, Canadian Paper Money, and Canadian Coins.

Thanks,

Rick