This is a bit dated now, our ten dollar bill now has a portrait of Viola Desmond, a successful black business woman that stood up for her rights by refusing to sit in the blacks only section of a movie theatre in 1946. She was jailed and fined, her case helped inspire people to fight the rights of minorities in Canada. It is also our first vertical note, the pictures on it going up and down the opposite way from the usual notes.
There's another one too with a bunch of men.... I haven't looked at it closely so I don't know who they are. Edit: It came out before the Viola Desmond bill. It has Sir John A. Macdonald, Sir George-Etienne Cartier, Agnes Macphail and James Gladstone.
Loonies and Toonies are basically exclusively referred to by those slang terms. I dont think ive ever heard anybody say one or two dollar coin. Also, the ten dollar bill has been updated over the last few years so now it is vertical (which is pretty sick) and the person on it is viola desmond who was a civil rights activist from nova scotia
@@phoenixsky6124 I bet if you think about it, you say dollar when talking about the amount, but Loonie when you talk about the coin. It's subtle but something I've caught myself doing.
@@PaulMartin-qu5up I’d say all, “do u have a dollar”, “do u have a loonie”(only if I need it for something specific like a shopping cart), “do u have a buck”.
She forgot to mention the fact that if you shine a laser pointer thru the maple leaf on the bills you'll see the denomination of said bill and there is braille on all the notes for the blind, also we have a glow-in-the-dark special coin featuring Dino fossils (I think it's on a quarter, but it could be on a toonie) and recently the first ever black coin to commemorate the passing of Queen Elizabeth II ( I believe it was a toonie) Apparently Canadian coins are a favourite among coin collectors around the world because the canadian mint releases special limited editions of coins every year featuring all sorts of things, eg. DC characters, Marvel characters, Star Trek, Looney Toons ect. Also although the Canadian Mint denies this the fresh $50 notes smell kind of like maple syrup for some reason 🤷♀🍁
Though she mentioned the Poppy Quarter, she missed the fact that it was the first *circulation* coin in the world that had colour. Since then, the Canadian Mint has added colour to a few other coins.
We also had the first ever glow in the dark circulation coin with the Aurora Borealis on it! The Royal Canadian Mint produces the circulation currencies for a whole bunch of other countries!
Actually, the 5 cents can represent the history of Canada : Beavers and furs are the reason why French came in "Kanada" and the Queen Elizabeth II represent the English regime ;)
The only thing she missed (unless I missed her mentioning it) is that every bill has its value in Braille in the top left corner of the face side. But the reason there’s more $20 bills in circulation is simply because that’s the default distribution value from most ATMs. So every time you take out money from a bank machine you get a bunch of $20 bills.
I'll bet a toonie that more than a few Canadians are reaching into their pockets to check out the Braille impression on each bill. They did this because we chose to keep the dimensions of all bills the same rather than different dimensions for different denominations. GO CNIB!
Yes... I knew about the braille and was going to mention that too (I'm part way through the video). Also a mention that loonies have ridged edges, while toonies are round,. Also to assist the visually impaired
@@marilynpalosaari2387 US coins like the dime, quarter, half dollar and dollar coins have ridged edges, otherwise known as "reeding". This is a holdover from the 1800's when unscrupulous bartenders or shopkeepers would shave off the edges of gold and silver coins. So when you received a fully reeded coin, you knew it was unaltered and full value.
@@marilynpalosaari2387 Just wanted to add, its not braille from what I understand (its a common misconception), since it would be too hard to read and could be easily damaged, its the same idea as with braille, but instead of only having some of the 6 dot cell filled in to denote a value (eg top left dot only for a/1) the entire block is filled in. One 6 dot cell for $5, increasing by one as you go up in value (50 is 4 cells), with the $100 bill being only 2 cells of 6 dots with a large gap in the middle
Something I'm going to quibblle with... the monarchy does not help Parliament "to make decisions". The Monarch is represented by the Governor General and is basically a rubber stamp AFTER legislation is adopted.
The giant nickel in Sudbury represents where Canada gets the nickel for making the coin, among other uses. It is very common to call $1 a loonie. The banknotes also have braille on them to help those people with sight problems. I like the colourful notes; when in the States, all the money is the same colour, so have to double-check the amounts. However, here in Canada, just a look at the colour tells the amount of the note.
The ground on which the Vimy Monument sits, as well as 100 hectares of land, we given to Canada by France in 1922! Tours of the monuments are given by Parks Canada employees who are Canadians who live or are willing to spend a season in France to work there.
Something worth mentioning, is that the Canadian Mint produces coins - and sometimes bills - for over 70 countries. There's a good chance that even if your a newbie numismatist, you have money made in Canada.
@@TheOffRoadDiver the Canadian Banknote Company produces the bills, both for Canada, and many other countries, under the authority of the Bank of Canada.
My favorite bill is the $10 note. I have a connection, although very minor, to the Canada Arm. My grandfather was one oft he drivers that delivered the Arm to its last stop before being loaded onto the shuttle. So seeing it on there is a tiny reminder of him.
This is the part of USA that is disrespectful to Canada and Canadians. How would they feel if we changed the names of their significant contributions to try and wipe out USAs inventions. The USA feel they can buy what they want then rake credit for it and if they are refused credit they come up with a different name so fellow USA citizens do not learn Canadian or other countries true contribution. This is the USA's way of pomp and crap to make their country seem more significant than others especially Canada.
If you are in Canada on November 11, be ready to observe the moment of silence. This happens in all public places and some private businesses too. Some provinces have this day as a statutory holiday, some provinces you still have to work, but all observe the moment of silence. Do read in Flanders Fields. Just the first few lines bring tears to my eyes.
The Canadian Mint is super interesting - and strikes coins for other countries in the world. It is world-renowned for some of its technologies and techniques. You might want to do a video on it. Also, one thing she didn't mention is that there are braille markings on each bank note (upper left corner). COins don't need them because of their different sizes and textures.
It's actually why the dime is so small, smaller than the nickel, because it makes it easier to sense in the pocket. Also the coins have different cuts on the circumference to determine them blind as well. So you can easily tell if you have a specific coin in your hand.
We wear the poppy for Remembrance Day as well. The reason is because of the poem In Flanders Fields by John McCrae that you saw on the Heritage Minutes. In the fields where they buried the fallen in Flanders, poppies bloomed among the graves and became symbolic of the life blood of the fallen and a symbol of remembrance.
There are a number of videos on TH-cam explaining how the the poppy became the symbol of Remembrance. It was actually a French woman ( I forget her name), who was inspired by McRea’s poem to create poppies out of fabric to raise money for the rebuilding of France, after WW1. It caught on in Britain then Canada. Stay safe, stay sane,stay strong Ukraine 🇺🇦
Actually not all of Canada wear the poppy for remembrance day. Because how late they joined confederation, Newfoundland still use the forgetmenots. I got 1 when I was in St. John's at the beginning of November close to 10 years ago. I live in Guelph, John McCrae's home town. So nearly everyone growing up here can recite the poem word for word.
@@ToudaHell I didn't know that about Newfoundland using forgetmenots. That's really interesting. I'll have to look it up. I used to be able to recite the poem in elementary school but I'm afraid I only recall the first few lines now by memory.
@@kristenblack6026 the benefits of living in Guelph is we learn it every year in school. 😁 I super recommend traveling in NFLD. It is absolutely gorgeous. The people are sooooo friendly and it's got interesting and different customs to the rest of us and they're really nice about explaining them to a curious tourist. Apparently, at Christmas, they dress up in costumes and play instruments from house to house. They call it murmmering, I think. Lets not forget screeching in in St John's. It's a tourist thing but gotta kiss that cod. The only complaint I have is the weather. Walking up hill in winds fast enough to stop the ferry plus ice pallets on Nov 2 was an interesting experience but not 1 I would like to experience again.
I remember when the toonies first came out and the term "toonie" hadn't fully caught on yet there was a period of time where they were referred to as "doubloon" because it is the name of a historical form of currency and it was a "double loonie".
@@Ottawajames remember that too! Remember when people were freezing their twonies & then slamming them on the ground, because there was a rumour that the 2 types of metal would freeze differently & separate when slammed or hit with a hammer? LoL 😅n
Fun fact I learned a while ago, Canada was the first Country (There is many now) that featured Queen Elizabeth on banknotes. They featured her when she was just a Child on one of our banknotes.
The Canada Arm 1 was used in NASA's space shuttles to help launch satellites and to tether Astronauts to during space walks. Pretty cool piece of technology and something as a Canadian, I'm proud of
I’m from Canada and enjoy watching your reactions plus I learn new things about Canada as well. But I must confess I think I actually watch you just to listen to your accent, so cute. I remember being at a ‘farmer’s market’ a few years ago here in Canada and 2 couples from Scotland sat behind us in the food court. I just sat there and ease dropped just to listen to their accents lol.
That only has the old polymer $10 bank note. The current one is unique amongst Canadian bank notes as it is the first one made with a portrait orientation, and features Viola Desmond and includes images related to her story.
The polymer technology was initially obtained from Australia. It should also be noted that Canada actually produces money for a number of other countries; particularly Carribean nations.
Not mentioned is the fact that Canada actually has a seventh coin that serves as legal tender, the 50-cent piece, which is still minted and technically in circulation, though very rarely seen other than as collector's items.
The dime used to be mostly silver. Probably why they made it so small. She did not mention the fact that each note has the value in braille. Something really special is happening with our notes. Some bills are now being printed with the faces and stories of people other than old prime ministers. Regular people who have made a significant contribution to the country. Viola Desmond is now on the ten dollar note. Viola Desmond is known for her the pursuit of racial equality across Canada. It is the most beautiful note yet.
The names "loonie" and "toonie" were arrived at very organically. The names just seem so logical that they were adopted very quickly. Nobody says "one dollar coin".
Not sure what you mean by "organically," but the "loonie" moniker came about because of the common loon imprinted on the coin. "Toonie" just came about because it rhymed with "loonie" and meant "two of."
Plans already to have Charles image on coins and notes. This year's edition of the toonie will still feature QEII with a black band. Use to have a $1000 bill which was recently discontinued. Thanks for your videos. Colours of notes is historical and common to the British Dominions. Sir John A promised BC a railway to connect to the east so they would join Canada and not the USA. When completed it was the longest railway in the world, from Montreal to Vancouver. Canadian money is very hard to counterfeit.
I accidentally tested the polymer of the bank notes, more then once, by having some go through the laundry. They came out fine. The woman explaining the money is very good; she speaks very clearly, I hope she’s some sort of teacher.
She is a Canadian English teacher who teaches English as a second language. These videos are for international students and they have subtitles in Japanese.
It must be an older video because there's a new 10$ bill in circulation. It commemorates a black lady in Nova Scotia if I remember correctly. I don't remember her name and the exact story.
We also have a 50 cent coin... or had. They are still struck every year in limited quantities, but in 2002 the mint stopped sending them to banks (and thus in-circulation) and started selling them directly to people (for twice the face value, so pretty much only to collectors). I remember back in 1999 being totally jazzed up because I got one in my change. I never saw one before, and I've never seen one since. I've still got it.
Interesting side note. Canada's Mint in Winnepeg, where all the money is made, is so famous for the quality of it's work that they actually make money for countries that don't want to bother with the cost of having a national mint of their own or who just don't want to upgrade their facilities. Canada has made coins for 62 other countries.
Canada was the first to use polymer bills and hols the patents for many of the security features as such other countries have contracted the Canadian Mint to produce their notes.
I believe the plan at the Royal Canadian Mint is to change coinage to Charles III, but not necessarily on the bills. This is because most of the bills have the faces of other Canadian politicians or historical figures, with the exception of the $20, which has Elizabeth II. What has changed recently is that the $10 bill now has a civil rights activist, Viola Desmond, instead of John A. Macdonald. An informative video (if a little out of date), but essentially meant for an ESL audience.
They aren’t rushing out new bills. Next time they update the bills they will add him to the $20. Lol watch the popularity of the $20 drop as everyone uses $10s instead.
For the year 2000 they had a canada wide contest for kids to draw and submit designs for special quarters to be printed for the year. It became a bit of a game to try and find/collect/see every design. I think they did it again for when the Olympics came to Canada as well.
I was a teenager working at Tim Hortons when the 2004 poppy quarters came out. I remember that morning after opening a roll of brand new quarters from the bank, I gave an older guy his change and he looked at the bright red spot and said something like "What the f* is that?" lol That was the first coin to have that kind of image. They make a lot of commemorative loonies and toonies too, not just quarters. I don't know how to describe it exactly, I would say a type paint or dye on top of the metal? The metal surface is textured underneath it sort of like a nail-file, maybe to keep it on better. They do start to wear off on the more beaten up coins, but it's very much part of the coin and pretty durable. You'll also see commemorative coins with identical designs but without the colour added. I guess they only make so many with the paint each time, and there was a toony showing the northern lights a few years ago whose paint was glow-in-the-dark.
I'm a 47 yr old Canadian and I didn't know MOST of the information on the bank notes so thank you for teaching me about my country's money. It was cool learning along with you. You really appreciate a lot of the little details and that's exactly how I feel too. Cheers :)
There are many different special quarters over the years. There was a set for the Olympics in Vancouver in 2010 featuring all the events and several special "moments" in Canadian Olympic history. I did not know the hands on the clock on the $20.
Canada was pretty much the guinea pig for Interac (debit cards) - many people live a long way from banks, but Canada took to the system very quickly, well ahead the rest of the world. Interac has now be joined with e-payments where you can send money via email, this is great for personal sales or transfer between regular people who don't have Interac terminals. Personally, the only time I will have any cash on me is if I am going somewhere that I prefer to tip in cash. Loonies and toonies are the only names used for the coins.
When debit cards first came out, the system we used was called "Cirrus." When I went to the US in 1985, I was able to use my debit card in Las Vegas because of the Cirrus system. Eventually it changed to become "Interac." However, I'm not sure if the US is on the Interac system as well.
My mother's cousin was married to Robert Carmichael, artist who created the images on the $1 coin: the loonie. Interesting fact was they lived in an 8 sided house made of wood. The home was struck by lightening and burned to the ground. Sadly though, their home was also their studio and many creations were lost.
They tried to change the dime by replacing the Bluenose a few years ago, but the public reaction was: DON'T TOUCH THAT!! I don't think they will try changing it again. On the other hand, the quarter changes quite a bit as it is used to celebrte Canadian achievements. Nevertheless, most quarters have the cariboo every single year; only minority are special. This makes them collector items.
The video you watched showed the old $10 bill. The new one is printed vertically (i.e., differently than the others) and shows a picture of Viola Desmond, a Canadian civil and women's rights activist and businesswoman of Black Nova Scotian descent. Like Rosa Parks from the US.
Ooh, lots of questions for a money geek to chew on! • Yes, the penny cost more than one cent to produce, and that had been a persistent problem since at least the 1970s. Around 1978, the government had considered reducing the diameter from 19 to 16 millimeters, and the plan had gotten as far as producing test tokens before somebody realized the proposed new cents matched Toronto Transit Commission (TTC) tokens. That idea was promptly scrapped, and the cent was made thinner in 1980, 12-sided in 1982, and the bronze switched out for copper-plated base metal in 1997. • Until 1921, our 5 cent coin was silver, and proportional in weight and size to the other silver coins. When the nickel was introduced in 1922, we basically just copied American specifications, except that we used pure nickel, most of it mined from the Sudbury area. During 1942 because of WWII, the nickel became brass (later steel), and was made 12-sided to distinguish it from the penny. The change was so popular, the nickel remained 12-sided until 1962, when the mint got sick of the cost of replacing collar dies. • The dime is the smallest coin because it contained its intrinsic value in silver until 1968. Since all our coins became fiat currency that year, there was no point changing anything else about them. And the reason why it's called a dime is another case of American influence. Legally, the U.S. doesn't have any 10 cent coins, they have one dime coins (i.e. one-tenth of a dollar), and the equivalency made for an easy nickname. • American influence is why we adopted dollars and cents in the 1850s (as the Province of Canada), as opposed to British pounds-shillings-pence. • We still have a 50 cent coin, but it faded from circulation by the mid-1980s. • Our dollar coin, introduced in 1935, used to be much larger and heavier, and when silver was abolished, it too faded from circulation. The mint was intending to continue using the voyageur design (a native and fur trader paddling a canoe together through northern wilderness) on the new small dollar, but the master dies were lost in transit between the Ottawa and Winnipeg mints. Concerned the new coin would immediately be counterfeited, the mint switched to an unused design it had in storage, and that's how and why we got the loonie. • If traditions hold, King Charles will appear on all 2023 and subsequent coins, and he will face left, opposite his predecessor. • The colour scheme of Canadian banknotes has been in place since 1937, except the $50 was orange until 1975. Before the Bank of Canada was formed in 1934, chartered banks had rights to issue paper money as well as the Dominion government. • Newfoundland had its own coinage series from 1865 to 1947, ranging from cents to two dollar gold coins. The fact they used a 20 cent coin instead of 25 was a persistent pain in Eastern Canada's butt until our mint made them switch in 1917. Brief coinage series prior to Confederation also exist for New Brunswick, Nova Scotia, and PEI. I'm happy you've taken an interest in Canadian currency, and recommend taking some time to look at our older banknotes: www.bankofcanadamuseum.ca/complete-bank-note-series/
During the pandemic, I would regularly sanitize my Canadian Banknotes. Because they can be washed and disinfected, it really helped during flu seasons.
a cool feature this video didnt mention, the translucent maple leaf on the bills. if you shine a laser pointer through it onto a wall, it projects the denomination of the bill on the wall.
While Canada is definitely moving towards using actual cash money less and less, unlike other places it is still pretty much universally accepted. In Scotland for example on my last 2 visits i was unable to pay with £s at several places - castles, pubs, etc. Even the Tim Horton's in Glasgow are "Tap Only". Felt bad for those in Scotland who do rely strictly on cash to purchase things.
WOW. Thanks for this reaction. I'm from Canada and learned more about all the details on our money. For example, I missed the Inuit language, never saw that. So much more. Thank you for giving me a better appreciation of our currency.
Yes please check out the slang and anything else she might have uploaded. She sounds like she has a great amount of detail and once again I learned something... I guess I should have paid closer attention to what is on our currency! Thank you again, can't wait for your next video!!
The video you just watched is sooo full of information. It's wonderful. I'm not crazy about the tone with which she delivers the information, but there's no disputing the detail with which she covers the subject matter. I am Canadian but I have never taken enough time to study the details on our bank notes. I knew the principal figures (Borden, MacDonald, Laurier, McKenzie King, etc. as well as some of the secondary figures (Banting, etc.) represented on the f lip sides. Interesting about the various parliament buildings. I visited Ottawa with my son two years ago and took a walking tour around the Parliament grounds. Very educational. I'd be curious to know how and why the specific colours of the various bank notes were chosen. This goes back to the 1950s I imagine. They've been those colours since before I was born.
On old Canadian bills, the Queen was on all denominations. Now, the Queen is on the 20$ bill, with various prime ministers on other denominations. There is a push on to honour various outstanding Canadians by putting their portraits on various bills (Viola Desmond is first on the 10$). When I was young, you used to see many George VI coins. Now they're very rare. Coloured coins have become very popular in Canada, used to commemorate all types of events and anniversaries. A loon's call is very evocative, especially in the early morning over a still lake. Once you hear one, you'll never forget it. I held out to try and have the toonie called a doub-loon. I didn't get a lot of support. Interesting fact, if you take a pen and fill in Sir Wilfred Laurier's hair on the 5$ bill, then draw in pointy ears, you'll have a very good rendition of Spock, Leonard Nimoy. There are also Centennial 1$ bills from 1967. It's rare to see them in circulation now, but almost everyone over the age of 50 or so has several squirrelled away for the day when all other such bills are magically destroyed and their's become valuable. Right now, they're worth...1 buck. The most prolific bills in common circulation are the 20 and the 5. For some reason, 10$ bills are relatively rare, and the 50 is becoming more common as inflation grows. If you have a 100$ bill, no one will want to break it as most tills don't have that much cash in them anymore. Electronic payments are the way to go nowadays.
Obviously, in the province of Quebec, the names of the coins are different. Funny fact, the quarter is often named «30 sous» by old people. So the 25 cents is called 30 cents. Historical reasons.
I don't know if people are aware of the fact that Canada is one of the countries that first developed polymer bills and now produce 86 different countries currency on Richmond road in Ottawa
New currency will have Charles III. Dime is smaller because in days gone by the dime was made of actual silver and the size of the dime was based on the the equivalent of 10 cents worth of silver. After they stopped using silver, the size of the dime remained. Loonie and Toonie are used when referring to the coins only, not the value. We wouldn’t say that something costs five Toonies unless we we helping a child spend money in a store. We’d say ten dollars. I never noticed the towers on the transparent portion of our bills. We all know about the Canada Arm. The government makes sure to bring it up at every opportunity. The first Prime Minister, Sir John A. Mac Donald was a Scot and came to Upper Canada with his family as a child. Confederation occurred in 1867. British Columbia joining Confederation in 1871 was contingent on the building of the Canadian Pacific Railway (CPR). Remembrance Day is big in Canada. I didn’t know all the details on the bills. When the new bills were issued, we all looked closely at them, but now we ignore them.
The translucent section (the small circle where the maple leaf is) is really interesting. Most people don't know that if you shine a laser through it it will project the notes denomination on a wall or ceiling. Try it if you have one... its so cool!
Loonie is 100% only an anglophone provinces term (which makes sense since the bird isn't called a "loon" in French, but a "huard"), as such, the term is never used in Quebec and I never actually heard the term "loonie" used to refer to a dollar until I started making friends from other provinces in my late teens. The dollar doesn't have any cute nickname in French, we just call it a dollar or sometimes a "piasse" which is just a slang deformation of the term "piastre", an old French currency ("Passes-moi tu deux piasses?" -> "Would you give me two dollars?").
but it's not as if people don't understand loonie/toonie though. At least in the NCR. Like if I asked in french for a toonie people would understand what I was asking for ( and also that french isn't my first language 😂)
Loonie and Toonie are commonly used by the anglophones of Quebec. So it isn't true that they aren't used in Quebec. I grew up in Montreal and the terms have been used since the very beginning.Though, you are right to mention that these terms are not used in french.
Surprised the currency video did not mention nickels used to be made of nickel metal, and the reason there is a big nickel in Sudbury is that there used to be a nickel mine there. I have heard the maple leaf in the window on the bills is from a maple tree that is not native to Canada. @Mert there is a Heritage Minute about the Bluenose, so you might eventually start learning about it.
There still are nickel mines in Sudbury, being from the area, I still keep tabs on what is going on there. However, it is not as important as it was, as companies have gone to other countries, where there is good resources that are cheaper to extract. Sudbury,still produces a lot of copper, silver, platinum and gold, as well as nickel. All this as a result of the third largest known asteroid crashing in the Canadian Shield, over 1.8 billion years ago. Stay safe, stay sane, stay strong Ukraine 🇺🇦
In the days of the fur trade the highest rated fur was that of the beaver (castor canadianus] with lesser valued furs valued as a percentage of the beaver. If the trappers, mostly aboriginal people, did not need goods at the time, they were given metal tokens with the value of one beaver. which could be spent later.
A big reason for the holographic area on the bills is to make them extremely hard to copy. But cash is used very little anymore. Yes we wear poppies in November. Also, careful about Canadian slang presentations. So many people forget we’re a regional country and much of the slang presented is only connected to Ontario and eastward…
Great reaction to our currency... and so very informative (for me.) Until now, I had no idea of the artistic intricacies of our money, the bills in particular. I felt as excited discovering these details as you did. Just now came across your reactions to Canadian culture today, I dare say, you are so much fun. Looking forward to checking out more. Cheers!
One thing she did not mention is that the centre of the translucent maple leaf in each of the notes is a hologram. If you shine a laser pointer through it and look at the projection of the laser beam on a wall or screen, or hold the note up to your eye and look through the leaf at a point source of light, you will see the note's denomination written around the circumference of a circle.
There are a lot of pretty cool canadian quarters. It'd be neat to see a video about some and what the history behind them are. As a Canadian, I know about a handful of them and the others I know of but don't know what they're commemorating. I always call them loonies or toonies
I remember when the toonie came out. You’d hear stories on the radio about how the centre would pop out. Usually from freezing it. 1996 was a weird time. Also you can shine a laser through the middle of the maple leaf on the notes. It shows the dollar amount.
This is a bit out of date, Canadas $10 bill now has a picture of Viola Desmond, a black Nova Scotian businesswoman who refused to sit in a segregated area in a cinema in 1940. It is also probably unique in being the only vertical bank note. The $5 bill was due to be updated but I think has been delayed because of covid. As with other banknotes, the choice of subject is to be determined by a poll - Terry Fox is one popular suggestion - he already appears in our passports
Fun fact about the penny : although some people still collect them, the penny no longer has any value! If you tried to bring a roll of pennies (Wich is a stack of 50), the bank will No Longer give you 50 cents in return!
Nope. The penny is still legal tender, and the banks still accept them for cash payments. They do need to be rolled for deposit. Verified this info with the Canadian Bankers Association.
The bank notes change fairly regularly same as the quarters and loonies- you’ll see different ones all the time. My favourites remain, I think the $5 bill with the kids playing hockey with the quote from the children’s book ’the hockey sweater’ and the $10 from the same time that was also a remembrance bill and had a quote from flander’s field on it.
I would say Loonie and Toonie are terms most used by Canadians but older generations still use the words dollar or 2 dollar. While cards, tapping and e-transfers are pretty much all the younger generations use, older generations still use cash frequently.
I think I always call it "loonie" and "toonie" and never a dollar or two dollars. 😃 These bank notes are beautiful. I appreciate them more after seeing them here. 🥰🇨🇦
Thanks for your enthusiasm about all things Canadian. About the money a few comments. When the Looney was introduced back in the eighties the name Loonie quickly emerged as a slang term, a bit of a joke because at first the coins weren’t too popular. Quickly though the name caught on with use in the media, in banking circles and even government. Dollar is still official but Looney is almost entirely interchangeable. Regarding faces on currency, popularity of the monarchy has fallen off to a minority in Canada since the passing of the Queen, so I think many would consider putting non-royals on the money, but at present the plan is for Charles III to take his mother’s place. Sir John A. Macdonald is controversial, as along with his achievements, people are now raising awareness in his role ing racism and genocide among indigenous peoples, colonialism and even slavery, with protests and defacing of statues of Sir John. This has divided some Canadians and caused some to accuse others of “wokeism” which is just ugly. About the video, I never realized the holograms were different parts of the Parliament Buildings. Thanks for the video Andrew from Ottawa
There used to be a 1000$ banknote. it was pink with Queen Elisabeth on it. However, since it was not circulating enough, they stopped producing them and if someone goes to the bank with a 1000$ banknote, the person gets 1000$ and the note is destroyed. Also, there was a 25cent banknote until the end of the 19th century. As for the red poppy on the quarter, it is printed so on heavily circulated coins the poppy is not really red anymore. If I am not mistaking, the Queen Elisabeth will be replaced by King Charles since she passed but people are not so happy about it.
To answer your question... The Loonie and Twonie names of the coin are universal. No one calls it a one dollar coin. It is universally a loonie or Twonie. They can also refer to it by the value. Can I borrow a dollar? Can I borrow a buck? Can I borrow a loonie?
Hello from Niagara Falls Canada Mert. If you shine a mild red laser through the translucent maple leaf in the banknote, the denomination of the bill will shine on the surface behind the banknote! Sometimes a strong red Christmas bulb will work too. Our ten dollar note is really spectacular now. It has vertical pictures and honours Viola Desmond.
I am also impressed with the bank notes which I did not know the detailing on the back of these notes eg holygram has a picture of area within Parliament grounds in Ottawa...inukchuk writing for "arctic"...She did not give any information of SIR Robert Borden except 8th Prime Minister of Canada or how about all these mylar banknotes with see through holygrams TO PREVENT laundering FORGERIES, or BRAILLE stamped each one of the corners for the blind person to feel the denomination amount...The spokeswoman had a great sense of enunciation because she spoke slowly. She had done her homework very well with the two ommissions. Oh yes, the 10 dollar MacDonald's face has been replaced by a lady from New Brunswick VIOLA DESMOND and on the back Indigenous accomplishments. Yes, eventually King Charles III WILL BE THE FACE/HEAD of Canadian coins e v e n t u a l l y 😊
-The 1 & 2 $ coins have always been referred to as a loonie and toonie in Nova Scotia. -Sir John A. MacDonald was born in Glasco, Scotland. When he was a boy his family immigrated to Kingston in the Province of Upper Canada, British North America. -Banting, Collip and Best were awarded U.S. patents on insulin and the method used to make it. They all sold these patents to the University of Toronto for $1 each. Banting famously said, “Insulin does not belong to me, it belongs to the world.” He wanted everyone who needed it to have access to it.
I don’t think she mentioned that all of the bills have tactile markings (1 full braille cell for $5, 2 full braille cells for $10 etc) so they can be identified by people who are blind or have low vision. Full braille cells are used instead of braille numbers so you don’t have to know how to read braille to tell notes apart.
Yes, we always call the $1 and $2 coins by loonie and toonie. 99.9% of the time. :) And yes, I also recently tested the strength and waterproofness of the notes, unintentionally. I left some notes in the pockets of a pair of pants that went into the washer. Oops... Thankfully, they came out of the wash in the exact same condition.
I was in printing for 30 years and always admired the security features they’d come up with. Our latest currency is more polymer than paper and if you leave a bill on your dash board in the sun, it will crinkle up. As usual, no checked the new bills down the line to the cutter. Any flaw in the blade(s) and the bill tears. Years ago when holographic security was applied in a small in the top right of $50. Several clever people used a yellow highlighter over it so the colour would change. A lot of places wouldn’t accept them for a long time. I was in Grand Cayman years ago. They have some great looking bills, including an odd $25 note. Worth checking out👍🏻
Hey just wanted to add in that it's not just the Quarter that has the commemorative designs, I have a set of 4 Dimes that were made in 2021 with special Blue nose designs, one of which has a blue waves under it. I also have two 1 dollar bills and a 2 dollar bill.
Well done presentation. Clear concise and with history. I hear from many tourists to Canada that people live our money. Note on the $10 note now we have a woman other than the Queen. named Viols Desmond, so hats off to the Cdn. Govt. to recognise importance of women in Cdn History.
I remember visiting the UK as a kid for the 1st time in the 1970's - one of the first things I learned is I couldn't just stuff pound notes into my pockets because they just disintegrated. Canadian notes were pretty tough by comparison. Another memory is being in the US in 1980 right after the 6 Iranian hostages were released with Canadian help. Interest in Canada was likely at an all-time high and one of the things they were fascinated with was our orange-coloured $2 bills. The going rate was $5 USD for $2 Cdn, quite the exchange!
She forgot to mention that the Canadian Five Dollar Bill smells like Maple Syrup, there is a metallic portrait of her majesty and the building, in color, and all the denominations have the numbers written in braille at the top. Canada owns the land at Vimy Ridge where the Memorial is.
I'd love to see a quick reaction to our new $10 bill. Our money is quite beautiful, I would say the vast majority of people really like it. It does survive the washing machine too :D
I would like to see Terry Fox on Canadian bill. Our money is beautiful, there is so much meaning in them. I believe the plan is that we will eventually have King Charles on our money in place of her Majesty Queen Elizabeth II, but I don't think that will happen until the UK's money (and stamps) is changed first. In Canada we learn about our countries history throughout our educations. Your videos are great! I think you need to satisfy your curiosity about Canada and pay us a visit! It is such a beautiful country!
Checkout the history and notable events of the Royal Canadian Mint. The Mint also sells many types of commemorative and specialty coins for sale to coins collectors and the public. The Bluenose and Bluenose II are definitely worth learning about.
As for the royals on currency I believe we have decided that it wasn’t mandatory. If I had to predict, the new coins will feature culture instead of just people. Yeah man bluenose is a great story.
The building of the Canadian Pacific Railway was incredibly important to exert sovereignty over the North West Territories (then all of Manitoba, Saskatchewan, Alberta plus the Yukon) and also connect the colony of British Columbia to Canada. BC insisted on a railway before they'd join confederation. Now, consider building a railway across the continent, through the Rocky Mountains and 2 more mountain ranges in BC - without even having a map of the area. The surveying and engineering alone were amazing feats but there's a lot more to the story - I'd love to see a reaction on the building of the CPR!
100% of the time, Canadians refer to the $1.00 coin as a "loonie" and a $2.00 coin as a "twonie (too knee)". I have never heard anyone ever refer to either differently, although there is a joke about the twonie: the Queen with a bear (bare, get it?) behind. "Twonie" can be interchangeably spelled "toonie", which might be more common than "twonie". The Canadian Mint stated after the Queen's passing and Charles III becoming monarch that there are no immediate plans to mint or replace existing coins or bills (banknotes). There are too many in circulation to justify producing more. However, that will change in a few years. While it is likely that Charles III, possibly William VI, will replace Queen Elizabeth II, there is no guarantee that the Head of State will be used during the minting of future currency. We don't know because the Canadian Mint doesn't know, and won't know for a few years. Completely unrelated directly to our currency, the rock band Nickelback from Hanna, Alberta, Canada, got its name from a local coffee shop that charged $0.95 for a coffee and the servers kept asking customers "Do you want your nickel back?" when they were paid with a loonie.
As somebody who is now north of 40, I am astonished at how young people just live in a cashless world. All of the young people in my town are ethnic types (hold on, guys - it's just a truth - welcome to Canada in 2023!) and the 20ish year-old kids in front of me at my local coffee shop this afternoon seemed astonished to learn that it was a cash-only business. They cancelled their transaction and had to leave, and seemed amazed that anybody in this day and age would expect a young person to carry bills or change.
I'm a millennial and I hate carrying cash because I'm more likely to spend it, and I absolutely loathe how heavy coins are. One day some place gave me a pile of change because they didn't have anything smaller than a $20. It was something like twelve dollars worth of change. Combine that with the change that was already in my wallet. I went directly to the bank to deposit it. I felt silly doing it, and I told the teller as much, but I just don't need like 5lbs worth of change weighing me down, you know?
@@VeryCherryCherry Yeah, it is true - the coins weigh a lot. I'm not too fond of the bills either, as they're so slippery and can easily fall out of your pocket. The only thing I worry about is that, because we're essentially dealing with "virtual" currency -- how easy would it be to just "erase" your digital savings? Say, in a massive blackout or major disruption? How would you pay for food and gas? How would you prove you had the savings if the digital records are lost? Therefore I still think there's inherent value in coin/paper (plastic) currency.
Hi ! French Canadian here. To answer your question of whether it is still appropriate to have a monarch on our coins, the quick answer is yes. Maybe the fact that I hate change (ALL changes) influences my opinion but hey! 😝 That being said, Canada is a constitutional monarchy. Even if our relationship and our attachment to the monarchy is not the same as that of the English, we remain a monarchy. And as long as it stays that way, I believe the monarch should stay on our coins and on the $20 bill.
Lots of little things to say or add. On the $5 note, Canadarm 2 is mentioned. The original Canadarm is the arm that was loaded in the U.S. Space Shuttles, I believe there were 5 and only 3 still exist. The Canadarm program is what got Canadian astronauts into space. The Canadarm 2 and Dextre were installed on the I.S.S. by a Canadarm and the continued program is why there are still Canadian astronauts. The hologram of the West Block tower is mostly interesting because the West Block is now where Parliament sits and will be for the next decade as Centre Block undergoes a complete retrofit to bring the building up to modern standards. In order to fit the House of Commons the inner courtyard was capped and enclosed in a glass ceiling. John A. McDonald was Canada's first Prime Minister and one of the founding fathers, not the only one. The completion of the Trans Continental railway is a National Icon, but as one of the Heritage Minutes you watched shows, not without great cost that was largely born by Chinese workers. McDonald's legacy has been tainted in the eyes of many in recent years due to that and more importantly for ushering in the repression and the cultural genocide of Indigenous peoples. on the $10 note, I see many people have already mentioned that it now has Viola Desmond (another Heritage Minute you've seen). What I'll mention is a factoid about the Parliamentary Library. It is the only part of the Original Parliament to have survived a fire in 1917. The Ship on the $50 note is specifically an Ice Breaker which is the only way to get access to some communities in the winter months. It's odd that the hologram is also of the Peace Tower (like the $20 bill) but closer and with the top missing, It confuses me. I can't explain why that's there when the much nicer more iconic photo is on the $20. On the $100 bill there's the Tower of East Block. East Block is where offices for the Canadian Senate are located. You can see all the past bank note designs at: www.bankofcanada.ca/banknotes/bank-note-series/
I find cash is more readily used in smaller communities, and I think this is for two reasons people who have their own private operations still pay lots of people cash and smaller establishments still prefer cash. However if you go to the bigger cities you can find places that already will not accept cash which is absolutely ridiculous,, I've only seen one person try to use their phone in place of a debit card and it didn't work so he had to run to his car and get a proper card.. also with all the snafus in technology lately a lot of people are being reminded to always carry cash on hand
Generally speaking, Canadian businesses don't bat an eye at receiving US coins; usually because most places are close enough to the border that it is somewhat common. (and US is worth more than Canadian coins, even for the same denominations). US Border communities will also usually take small amounts of Canadian currency, but won't take Loonies or Toonies without officially converting them. Beyond the border, they'll stop you if you slip even a Canadian Penny (back when we had pennies) in your payment and they notice it.
True, although if you're frugal you'll set them aside to use the next time you visit the US due to the higher value of the US dollar and the convenience of having some US coinage on you already when you first arrive.
Not in the US. When I was in California (in 1985), I accidentally handed some Canadian coins to a retailer. You'd have thought I'd handed him dirt! He chucked it back to me and barked "we only deal in American currency!" They think our money is trash.
Twoonies even had a special issue with glow in the dark colours representing the Northern lights. Also when the queen passed away the twoonie had a black nickel on the outside metal. And yeah, loonie and twoonie terms are universal across Canada. And and and the bills do not small like maple syrup
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This is a bit dated now, our ten dollar bill now has a portrait of Viola Desmond, a successful black business woman that stood up for her rights by refusing to sit in the blacks only section of a movie theatre in 1946. She was jailed and fined, her case helped inspire people to fight the rights of minorities in Canada. It is also our first vertical note, the pictures on it going up and down the opposite way from the usual notes.
Not all of them.
There's another one too with a bunch of men.... I haven't looked at it closely so I don't know who they are.
Edit: It came out before the Viola Desmond bill. It has Sir John A. Macdonald, Sir George-Etienne Cartier, Agnes Macphail and James Gladstone.
So much thought went into the banknote design. Form and function. I learned some new stuff as a Canadian!
Vertical notes suck. Machines never take them.
The Viola Desmond note is a commemorative note, not the normal circulation one which is still the one seen in this video.
Loonies and Toonies are basically exclusively referred to by those slang terms. I dont think ive ever heard anybody say one or two dollar coin.
Also, the ten dollar bill has been updated over the last few years so now it is vertical (which is pretty sick) and the person on it is viola desmond who was a civil rights activist from nova scotia
Not from a Canadian at least.
I say ‘a dollar’ but never dollar coin. Usually use loonie though.
@@phoenixsky6124 I bet if you think about it, you say dollar when talking about the amount, but Loonie when you talk about the coin. It's subtle but something I've caught myself doing.
@@PaulMartin-qu5up I’d say all, “do u have a dollar”, “do u have a loonie”(only if I need it for something specific like a shopping cart), “do u have a buck”.
Was going to say the same.
She forgot to mention the fact that if you shine a laser pointer thru the maple leaf on the bills you'll see the denomination of said bill and there is braille on all the notes for the blind, also we have a glow-in-the-dark special coin featuring Dino fossils (I think it's on a quarter, but it could be on a toonie) and recently the first ever black coin to commemorate the passing of Queen Elizabeth II ( I believe it was a toonie)
Apparently Canadian coins are a favourite among coin collectors around the world because the canadian mint releases special limited editions of coins every year featuring all sorts of things, eg. DC characters, Marvel characters, Star Trek, Looney Toons ect.
Also although the Canadian Mint denies this the fresh $50 notes smell kind of like maple syrup for some reason 🤷♀🍁
Though she mentioned the Poppy Quarter, she missed the fact that it was the first *circulation* coin in the world that had colour. Since then, the Canadian Mint has added colour to a few other coins.
We also had the first ever glow in the dark circulation coin with the Aurora Borealis on it!
The Royal Canadian Mint produces the circulation currencies for a whole bunch of other countries!
Some even glow in the dark
Actually, the 5 cents can represent the history of Canada :
Beavers and furs are the reason why French came in "Kanada" and the Queen Elizabeth II represent the English regime ;)
And they're all beautifully coloured and beautifully designed
My great grandfather lost his hearing in ww1 and sight in ww2. My grandfather lostv2 kidneys in ww2. I lost my humanity in Kuwait.
The only thing she missed (unless I missed her mentioning it) is that every bill has its value in Braille in the top left corner of the face side.
But the reason there’s more $20 bills in circulation is simply because that’s the default distribution value from most ATMs. So every time you take out money from a bank machine you get a bunch of $20 bills.
I'll bet a toonie that more than a few Canadians are reaching into their pockets to check out the Braille impression on each bill. They did this because we chose to keep the dimensions of all bills the same rather than different dimensions for different denominations. GO CNIB!
Yes... I knew about the braille and was going to mention that too (I'm part way through the video). Also a mention that loonies have ridged edges, while toonies are round,. Also to assist the visually impaired
@@marilynpalosaari2387 US coins like the dime, quarter, half dollar and dollar coins have ridged edges, otherwise known as "reeding". This is a holdover from the 1800's when unscrupulous bartenders or shopkeepers would shave off the edges of gold and silver coins. So when you received a fully reeded coin, you knew it was unaltered and full value.
@@davidmarquardt9034 interesting factoid 👍
@@marilynpalosaari2387 Just wanted to add, its not braille from what I understand (its a common misconception), since it would be too hard to read and could be easily damaged, its the same idea as with braille, but instead of only having some of the 6 dot cell filled in to denote a value (eg top left dot only for a/1) the entire block is filled in. One 6 dot cell for $5, increasing by one as you go up in value (50 is 4 cells), with the $100 bill being only 2 cells of 6 dots with a large gap in the middle
Something I'm going to quibblle with... the monarchy does not help Parliament "to make decisions". The Monarch is represented by the Governor General and is basically a rubber stamp AFTER legislation is adopted.
For sure that bit really stood out as a major error. Everything else was more or less accurate.
The giant nickel in Sudbury represents where Canada gets the nickel for making the coin, among other uses.
It is very common to call $1 a loonie. The banknotes also have braille on them to help those people with sight problems. I like the colourful notes; when in the States, all the money is the same colour, so have to double-check the amounts. However, here in Canada, just a look at the colour tells the amount of the note.
The ground on which the Vimy Monument sits, as well as 100 hectares of land, we given to Canada by France in 1922! Tours of the monuments are given by Parks Canada employees who are Canadians who live or are willing to spend a season in France to work there.
That's an interesting factoid 😊
I never knew that thank you🇨🇦
Yet, Justin has seen fit to remove it and Terry Fox from the pages of our passports. Disgusting.
@@dmack1827 I don't think Trudeau, personally has much say in how our passports are designed & printed
@@dmack1827 you really think he micro manages EVERYTHING? Can’t get away from this crap even here…
Something worth mentioning, is that the Canadian Mint produces coins - and sometimes bills - for over 70 countries. There's a good chance that even if your a newbie numismatist, you have money made in Canada.
I lived in Winnipeg and went on school field trips to there, but never knew that. It was elementary school though
Yes the winnipeg mint, mints coins for all over the world. The mint in montreal i believe creates all the bills.
@@TheOffRoadDiver when I was a kid in Winnipeg we had school trips to the mint. If that wasn’t it, where did the teachers bring us?😳🤔
@@TheOffRoadDiver the Canadian Banknote Company produces the bills, both for Canada, and many other countries, under the authority of the Bank of Canada.
Thank you. Never knew O V E R 70 (seventy) other countries use The Canadian Mint to punch their coins and even sometimes bills. WHY IS THAT?
My favorite bill is the $10 note. I have a connection, although very minor, to the Canada Arm. My grandfather was one oft he drivers that delivered the Arm to its last stop before being loaded onto the shuttle. So seeing it on there is a tiny reminder of him.
What a nice connection. I didn't realize the part showing the great lakes part of earth in the background
The robotic arm is referred to as "Canadarm" in Canada, but Americans don't acknowledge our contribution and just call it the robotic arm.
This is the part of USA that is disrespectful to Canada and Canadians. How would they feel if we changed the names of their significant contributions to try and wipe out USAs inventions. The USA feel they can buy what they want then rake credit for it and if they are refused credit they come up with a different name so fellow USA citizens do not learn Canadian or other countries true contribution. This is the USA's way of pomp and crap to make their country seem more significant than others especially Canada.
If you are in Canada on November 11, be ready to observe the moment of silence. This happens in all public places and some private businesses too. Some provinces have this day as a statutory holiday, some provinces you still have to work, but all observe the moment of silence.
Do read in Flanders Fields. Just the first few lines bring tears to my eyes.
The Canadian Mint is super interesting - and strikes coins for other countries in the world. It is world-renowned for some of its technologies and techniques. You might want to do a video on it. Also, one thing she didn't mention is that there are braille markings on each bank note (upper left corner). COins don't need them because of their different sizes and textures.
The Canadian Banknote Company, through the Bank of Canada, also prints banknotes for a lot of those same countries.
Even the building is awesome to behold, a Winnipeg landmark
Ok, I never knew the currency of other countries was made at the mint, and having lived in Winnipeg I went on a couple school field trips there.
It's actually why the dime is so small, smaller than the nickel, because it makes it easier to sense in the pocket. Also the coins have different cuts on the circumference to determine them blind as well. So you can easily tell if you have a specific coin in your hand.
We wear the poppy for Remembrance Day as well. The reason is because of the poem In Flanders Fields by John McCrae that you saw on the Heritage Minutes. In the fields where they buried the fallen in Flanders, poppies bloomed among the graves and became symbolic of the life blood of the fallen and a symbol of remembrance.
There are a number of videos on TH-cam explaining how the the poppy became the symbol of Remembrance.
It was actually a French woman ( I forget her name), who was inspired by McRea’s poem to create poppies out of fabric to raise money for the rebuilding of France, after WW1. It caught on in Britain then Canada.
Stay safe, stay sane,stay strong Ukraine 🇺🇦
Actually not all of Canada wear the poppy for remembrance day. Because how late they joined confederation, Newfoundland still use the forgetmenots. I got 1 when I was in St. John's at the beginning of November close to 10 years ago.
I live in Guelph, John McCrae's home town. So nearly everyone growing up here can recite the poem word for word.
@@ToudaHell I didn't know that about Newfoundland using forgetmenots. That's really interesting. I'll have to look it up. I used to be able to recite the poem in elementary school but I'm afraid I only recall the first few lines now by memory.
@@kristenblack6026 the benefits of living in Guelph is we learn it every year in school. 😁
I super recommend traveling in NFLD. It is absolutely gorgeous. The people are sooooo friendly and it's got interesting and different customs to the rest of us and they're really nice about explaining them to a curious tourist. Apparently, at Christmas, they dress up in costumes and play instruments from house to house. They call it murmmering, I think. Lets not forget screeching in in St John's. It's a tourist thing but gotta kiss that cod. The only complaint I have is the weather. Walking up hill in winds fast enough to stop the ferry plus ice pallets on Nov 2 was an interesting experience but not 1 I would like to experience again.
@@ToudaHell we’ll need to integrate more 😏
"Loonie" and "toonie" are VERY common. I actually got really excited during her "toonie" explanation. Her students probably love her, she's great.
I remember when the toonies first came out and the term "toonie" hadn't fully caught on yet there was a period of time where they were referred to as "doubloon" because it is the name of a historical form of currency and it was a "double loonie".
@@Ottawajames Ooooh... never heard that one, I might have to try and bring that back for special occasions
@@Ottawajames remember that too! Remember when people were freezing their twonies & then slamming them on the ground, because there was a rumour that the 2 types of metal would freeze differently & separate when slammed or hit with a hammer? LoL 😅n
@@marilynpalosaari2387 YES! I remember trying to separate the metals!
Fun fact I learned a while ago, Canada was the first Country (There is many now) that featured Queen Elizabeth on banknotes. They featured her when she was just a Child on one of our banknotes.
She was nine years old on the 1935 pink $20😊
@@sergeboutin4209 8 years old according to the Bank of Canada Museum ^^
The Canada Arm 1 was used in NASA's space shuttles to help launch satellites and to tether Astronauts to during space walks. Pretty cool piece of technology and something as a Canadian, I'm proud of
It’s interesting that we named it the canadarm but on American newscasts they refer to it as the robotic arm 😂
Fox did this
A 2nd was made as well with the glouris name of Canada arm 2 lol
I’m from Canada and enjoy watching your reactions plus I learn new things about Canada as well. But I must confess I think I actually watch you just to listen to your accent, so cute. I remember being at a ‘farmer’s market’ a few years ago here in Canada and 2 couples from Scotland sat behind us in the food court. I just sat there and ease dropped just to listen to their accents lol.
That only has the old polymer $10 bank note. The current one is unique amongst Canadian bank notes as it is the first one made with a portrait orientation, and features Viola Desmond and includes images related to her story.
The polymer technology was initially obtained from Australia. It should also be noted that Canada actually produces money for a number of other countries; particularly Carribean nations.
Not mentioned is the fact that Canada actually has a seventh coin that serves as legal tender, the 50-cent piece, which is still minted and technically in circulation, though very rarely seen other than as collector's items.
The $1,000.00 dollar bill was also left out..
The dime used to be mostly silver. Probably why they made it so small.
She did not mention the fact that each note has the value in braille.
Something really special is happening with our notes. Some bills are now being printed with the faces and stories of people other than old prime ministers. Regular people who have made a significant contribution to the country. Viola Desmond is now on the ten dollar note. Viola Desmond is known for her the pursuit of racial equality across Canada. It is the most beautiful note yet.
To be fair the girl also said the queen made decisions with parliament...😅
They are all commemorative notes, not part of the normal series of notes which we see in the video (called Frontiers series by the Bank of Canada)
The names "loonie" and "toonie" were arrived at very organically. The names just seem so logical that they were adopted very quickly. Nobody says "one dollar coin".
They were originally going to call the toonies double loons but folks back East would've called them doubloons. 😂
If I ever hear reference to a dollar coin I think of the early commemorative Silver dollar with the voyager canoe! never a loonie :)
Not sure what you mean by "organically," but the "loonie" moniker came about because of the common loon imprinted on the coin. "Toonie" just came about because it rhymed with "loonie" and meant "two of."
@@sadee1287 Organicly in this context means that it just came about. There was no official naming. Just as you described.
@@sadee1287 I remember when they came out. Here in Ontario, people were discussing which would catch on out of words like "toonie", "dubloonie", etc.
The quarter story is true, i started calling them "spy quarters" it was embarrassing for the US military but hilarious for us.
Plans already to have Charles image on coins and notes. This year's edition of the toonie will still feature QEII with a black band. Use to have a $1000 bill which was recently discontinued. Thanks for your videos. Colours of notes is historical and common to the British Dominions. Sir John A promised BC a railway to connect to the east so they would join Canada and not the USA. When completed it was the longest railway in the world, from Montreal to Vancouver. Canadian money is very hard to counterfeit.
I accidentally tested the polymer of the bank notes, more then once, by having some go through the laundry. They came out fine. The woman explaining the money is very good; she speaks very clearly, I hope she’s some sort of teacher.
She is a Canadian English teacher who teaches English as a second language. These videos are for international students and they have subtitles in Japanese.
It must be an older video because there's a new 10$ bill in circulation. It commemorates a black lady in Nova Scotia if I remember correctly. I don't remember her name and the exact story.
@@sha1tan138 Viola Desmond, who refused to sit in the black section of the movie theater.
@@ralphvelthuis2359 thanks
The bills go the washing fine, but putting them in the drier, can result in the melting. Washing money is legal but money laundering is illegal.
We also have a 50 cent coin... or had. They are still struck every year in limited quantities, but in 2002 the mint stopped sending them to banks (and thus in-circulation) and started selling them directly to people (for twice the face value, so pretty much only to collectors). I remember back in 1999 being totally jazzed up because I got one in my change. I never saw one before, and I've never seen one since. I've still got it.
Interesting side note. Canada's Mint in Winnepeg, where all the money is made, is so famous for the quality of it's work that they actually make money for countries that don't want to bother with the cost of having a national mint of their own or who just don't want to upgrade their facilities. Canada has made coins for 62 other countries.
Canada was the first to use polymer bills and hols the patents for many of the security features as such other countries have contracted the Canadian Mint to produce their notes.
As a Canadian I actually leaned some things about our money I never knew, thanks!🇨🇦😊
Yeah bills are a thing?? I've been using loonies and toonies this whole time!
Same. I went on school trips to the mint and had no idea they made currency for other countries.
@@FimbongBass You don't know the history of Canadian money before the coins? Bizarre...
@@FimbongBassmillennial ?
I believe the plan at the Royal Canadian Mint is to change coinage to Charles III, but not necessarily on the bills. This is because most of the bills have the faces of other Canadian politicians or historical figures, with the exception of the $20, which has Elizabeth II. What has changed recently is that the $10 bill now has a civil rights activist, Viola Desmond, instead of John A. Macdonald. An informative video (if a little out of date), but essentially meant for an ESL audience.
Charles is going to be replacing te queen on the 20$ bill last i heard just an FYI
They aren’t rushing out new bills. Next time they update the bills they will add him to the $20. Lol watch the popularity of the $20 drop as everyone uses $10s instead.
For the year 2000 they had a canada wide contest for kids to draw and submit designs for special quarters to be printed for the year. It became a bit of a game to try and find/collect/see every design.
I think they did it again for when the Olympics came to Canada as well.
I was a teenager working at Tim Hortons when the 2004 poppy quarters came out. I remember that morning after opening a roll of brand new quarters from the bank, I gave an older guy his change and he looked at the bright red spot and said something like "What the f* is that?" lol That was the first coin to have that kind of image. They make a lot of commemorative loonies and toonies too, not just quarters.
I don't know how to describe it exactly, I would say a type paint or dye on top of the metal? The metal surface is textured underneath it sort of like a nail-file, maybe to keep it on better. They do start to wear off on the more beaten up coins, but it's very much part of the coin and pretty durable.
You'll also see commemorative coins with identical designs but without the colour added. I guess they only make so many with the paint each time, and there was a toony showing the northern lights a few years ago whose paint was glow-in-the-dark.
I'm a 47 yr old Canadian and I didn't know MOST of the information on the bank notes so thank you for teaching me about my country's money. It was cool learning along with you. You really appreciate a lot of the little details and that's exactly how I feel too. Cheers :)
There are many different special quarters over the years. There was a set for the Olympics in Vancouver in 2010 featuring all the events and several special "moments" in Canadian Olympic history.
I did not know the hands on the clock on the $20.
Canada was pretty much the guinea pig for Interac (debit cards) - many people live a long way from banks, but Canada took to the system very quickly, well ahead the rest of the world. Interac has now be joined with e-payments where you can send money via email, this is great for personal sales or transfer between regular people who don't have Interac terminals. Personally, the only time I will have any cash on me is if I am going somewhere that I prefer to tip in cash.
Loonies and toonies are the only names used for the coins.
When debit cards first came out, the system we used was called "Cirrus." When I went to the US in 1985, I was able to use my debit card in Las Vegas because of the Cirrus system. Eventually it changed to become "Interac." However, I'm not sure if the US is on the Interac system as well.
I remember having the tap thing on my debit card, but it never worked for a long time hah
This Canadian learned a lot about the significance of the pictures and symbols on our money. Thanks Mert.
My mother's cousin was married to Robert Carmichael, artist who created the images on the $1 coin: the loonie. Interesting fact was they lived in an 8 sided house made of wood. The home was struck by lightening and burned to the ground. Sadly though, their home was also their studio and many creations were lost.
And the Loonie coin statue is in Echo Bay, Ontario near where Robert C lived...about 15 minute drive east of Sault Ste. Marie,
They tried to change the dime by replacing the Bluenose a few years ago, but the public reaction was: DON'T TOUCH THAT!! I don't think they will try changing it again. On the other hand, the quarter changes quite a bit as it is used to celebrte Canadian achievements. Nevertheless, most quarters have the cariboo every single year; only minority are special. This makes them collector items.
The video you watched showed the old $10 bill. The new one is printed vertically (i.e., differently than the others) and shows a picture of Viola Desmond, a Canadian civil and women's rights activist and businesswoman of Black Nova Scotian descent. Like Rosa Parks from the US.
Ooh, lots of questions for a money geek to chew on!
• Yes, the penny cost more than one cent to produce, and that had been a persistent problem since at least the 1970s. Around 1978, the government had considered reducing the diameter from 19 to 16 millimeters, and the plan had gotten as far as producing test tokens before somebody realized the proposed new cents matched Toronto Transit Commission (TTC) tokens. That idea was promptly scrapped, and the cent was made thinner in 1980, 12-sided in 1982, and the bronze switched out for copper-plated base metal in 1997.
• Until 1921, our 5 cent coin was silver, and proportional in weight and size to the other silver coins. When the nickel was introduced in 1922, we basically just copied American specifications, except that we used pure nickel, most of it mined from the Sudbury area. During 1942 because of WWII, the nickel became brass (later steel), and was made 12-sided to distinguish it from the penny. The change was so popular, the nickel remained 12-sided until 1962, when the mint got sick of the cost of replacing collar dies.
• The dime is the smallest coin because it contained its intrinsic value in silver until 1968. Since all our coins became fiat currency that year, there was no point changing anything else about them. And the reason why it's called a dime is another case of American influence. Legally, the U.S. doesn't have any 10 cent coins, they have one dime coins (i.e. one-tenth of a dollar), and the equivalency made for an easy nickname.
• American influence is why we adopted dollars and cents in the 1850s (as the Province of Canada), as opposed to British pounds-shillings-pence.
• We still have a 50 cent coin, but it faded from circulation by the mid-1980s.
• Our dollar coin, introduced in 1935, used to be much larger and heavier, and when silver was abolished, it too faded from circulation. The mint was intending to continue using the voyageur design (a native and fur trader paddling a canoe together through northern wilderness) on the new small dollar, but the master dies were lost in transit between the Ottawa and Winnipeg mints. Concerned the new coin would immediately be counterfeited, the mint switched to an unused design it had in storage, and that's how and why we got the loonie.
• If traditions hold, King Charles will appear on all 2023 and subsequent coins, and he will face left, opposite his predecessor.
• The colour scheme of Canadian banknotes has been in place since 1937, except the $50 was orange until 1975. Before the Bank of Canada was formed in 1934, chartered banks had rights to issue paper money as well as the Dominion government.
• Newfoundland had its own coinage series from 1865 to 1947, ranging from cents to two dollar gold coins. The fact they used a 20 cent coin instead of 25 was a persistent pain in Eastern Canada's butt until our mint made them switch in 1917. Brief coinage series prior to Confederation also exist for New Brunswick, Nova Scotia, and PEI.
I'm happy you've taken an interest in Canadian currency, and recommend taking some time to look at our older banknotes: www.bankofcanadamuseum.ca/complete-bank-note-series/
Wow! A wealth of extra information there! Thank you so much for taking the time to post it. Fascinating!! 😊
During the pandemic, I would regularly sanitize my Canadian Banknotes. Because they can be washed and disinfected, it really helped during flu seasons.
a cool feature this video didnt mention, the translucent maple leaf on the bills. if you shine a laser pointer through it onto a wall, it projects the denomination of the bill on the wall.
While Canada is definitely moving towards using actual cash money less and less, unlike other places it is still pretty much universally accepted. In Scotland for example on my last 2 visits i was unable to pay with £s at several places - castles, pubs, etc. Even the Tim Horton's in Glasgow are "Tap Only". Felt bad for those in Scotland who do rely strictly on cash to purchase things.
There's a Tim Horton's in Glasgow??
WOW. Thanks for this reaction. I'm from Canada and learned more about all the details on our money. For example, I missed the Inuit language, never saw that. So much more. Thank you for giving me a better appreciation of our currency.
My favourite Canadian banknotes were the set from the 1990s, each denomination had a different bird, same colour scheme though.
Yes please check out the slang and anything else she might have uploaded. She sounds like she has a great amount of detail and once again I learned something... I guess I should have paid closer attention to what is on our currency! Thank you again, can't wait for your next video!!
That Poppy Quarter story is 100% true!! lol
This was your best video yet!! Loved it. I'm now a subscriber! 😊
The $10 now has Viola Desmond. She was in one of the heritage moments you watched. Our first POC recognized.
The video you just watched is sooo full of information. It's wonderful. I'm not crazy about the tone with which she delivers the information, but there's no disputing the detail with which she covers the subject matter. I am Canadian but I have never taken enough time to study the details on our bank notes. I knew the principal figures (Borden, MacDonald, Laurier, McKenzie King, etc. as well as some of the secondary figures (Banting, etc.) represented on the f lip sides. Interesting about the various parliament buildings. I visited Ottawa with my son two years ago and took a walking tour around the Parliament grounds. Very educational. I'd be curious to know how and why the specific colours of the various bank notes were chosen. This goes back to the 1950s I imagine. They've been those colours since before I was born.
On old Canadian bills, the Queen was on all denominations. Now, the Queen is on the 20$ bill, with various prime ministers on other denominations. There is a push on to honour various outstanding Canadians by putting their portraits on various bills (Viola Desmond is first on the 10$). When I was young, you used to see many George VI coins. Now they're very rare. Coloured coins have become very popular in Canada, used to commemorate all types of events and anniversaries. A loon's call is very evocative, especially in the early morning over a still lake. Once you hear one, you'll never forget it. I held out to try and have the toonie called a doub-loon. I didn't get a lot of support. Interesting fact, if you take a pen and fill in Sir Wilfred Laurier's hair on the 5$ bill, then draw in pointy ears, you'll have a very good rendition of Spock, Leonard Nimoy. There are also Centennial 1$ bills from 1967. It's rare to see them in circulation now, but almost everyone over the age of 50 or so has several squirrelled away for the day when all other such bills are magically destroyed and their's become valuable. Right now, they're worth...1 buck. The most prolific bills in common circulation are the 20 and the 5. For some reason, 10$ bills are relatively rare, and the 50 is becoming more common as inflation grows. If you have a 100$ bill, no one will want to break it as most tills don't have that much cash in them anymore. Electronic payments are the way to go nowadays.
Obviously, in the province of Quebec, the names of the coins are different.
Funny fact, the quarter is often named «30 sous» by old people.
So the 25 cents is called 30 cents.
Historical reasons.
I don't know if people are aware of the fact that Canada is one of the countries that first developed polymer bills and now produce 86 different countries currency on Richmond road in Ottawa
I thought we bought the tech from Australia.
@@TheCanadiangirl4 we did. Australia developed the polymer banknote tech, and Canada buys the rolls of polymer for our notes from there.
New currency will have Charles III. Dime is smaller because in days gone by the dime was made of actual silver and the size of the dime was based on the the equivalent of 10 cents worth of silver. After they stopped using silver, the size of the dime remained. Loonie and Toonie are used when referring to the coins only, not the value. We wouldn’t say that something costs five Toonies unless we we helping a child spend money in a store. We’d say ten dollars. I never noticed the towers on the transparent portion of our bills. We all know about the Canada Arm. The government makes sure to bring it up at every opportunity. The first Prime Minister, Sir John A. Mac Donald was a Scot and came to Upper Canada with his family as a child. Confederation occurred in 1867. British Columbia joining Confederation in 1871 was contingent on the building of the Canadian Pacific Railway (CPR). Remembrance Day is big in Canada. I didn’t know all the details on the bills. When the new bills were issued, we all looked closely at them, but now we ignore them.
The translucent section (the small circle where the maple leaf is) is really interesting. Most people don't know that if you shine a laser through it it will project the notes denomination on a wall or ceiling.
Try it if you have one... its so cool!
Loonie is 100% only an anglophone provinces term (which makes sense since the bird isn't called a "loon" in French, but a "huard"), as such, the term is never used in Quebec and I never actually heard the term "loonie" used to refer to a dollar until I started making friends from other provinces in my late teens. The dollar doesn't have any cute nickname in French, we just call it a dollar or sometimes a "piasse" which is just a slang deformation of the term "piastre", an old French currency ("Passes-moi tu deux piasses?" -> "Would you give me two dollars?").
but it's not as if people don't understand loonie/toonie though. At least in the NCR. Like if I asked in french for a toonie people would understand what I was asking for ( and also that french isn't my first language 😂)
I am from Quebec and everyone I know calls them loonies and toonies.
Loonie and Toonie are commonly used by the anglophones of Quebec. So it isn't true that they aren't used in Quebec. I grew up in Montreal and the terms have been used since the very beginning.Though, you are right to mention that these terms are not used in french.
Surprised the currency video did not mention nickels used to be made of nickel metal, and the reason there is a big nickel in Sudbury is that there used to be a nickel mine there.
I have heard the maple leaf in the window on the bills is from a maple tree that is not native to Canada.
@Mert there is a Heritage Minute about the Bluenose, so you might eventually start learning about it.
There still are nickel mines in Sudbury, being from the area, I still keep tabs on what is going on there.
However, it is not as important as it was, as companies have gone to other countries, where there is good resources that are cheaper to extract.
Sudbury,still produces a lot of copper, silver, platinum and gold, as well as nickel. All this as a result of the third largest known asteroid crashing in the Canadian Shield, over 1.8 billion years ago.
Stay safe, stay sane, stay strong Ukraine 🇺🇦
Norway maple
In the days of the fur trade the highest rated fur was that of the beaver (castor canadianus] with lesser valued furs valued as a percentage of the beaver. If the trappers, mostly aboriginal people, did not need goods at the time, they were given metal tokens with the value of one beaver. which could be spent later.
A big reason for the holographic area on the bills is to make them extremely hard to copy. But cash is used very little anymore.
Yes we wear poppies in November. Also, careful about Canadian slang presentations. So many people forget we’re a regional country and much of the slang presented is only connected to Ontario and eastward…
Great reaction to our currency... and so very informative (for me.) Until now, I had no idea of the artistic intricacies of our money, the bills in particular. I felt as excited discovering these details as you did.
Just now came across your reactions to Canadian culture today, I dare say, you are so much fun. Looking forward to checking out more. Cheers!
One thing she did not mention is that the centre of the translucent maple leaf in each of the notes is a hologram. If you shine a laser pointer through it and look at the projection of the laser beam on a wall or screen, or hold the note up to your eye and look through the leaf at a point source of light, you will see the note's denomination written around the circumference of a circle.
There are a lot of pretty cool canadian quarters. It'd be neat to see a video about some and what the history behind them are. As a Canadian, I know about a handful of them and the others I know of but don't know what they're commemorating.
I always call them loonies or toonies
I remember when the toonie came out. You’d hear stories on the radio about how the centre would pop out. Usually from freezing it. 1996 was a weird time. Also you can shine a laser through the middle of the maple leaf on the notes. It shows the dollar amount.
This is a bit out of date, Canadas $10 bill now has a picture of Viola Desmond, a black Nova Scotian businesswoman who refused to sit in a segregated area in a cinema in 1940. It is also probably unique in being the only vertical bank note.
The $5 bill was due to be updated but I think has been delayed because of covid. As with other banknotes, the choice of subject is to be determined by a poll - Terry Fox is one popular suggestion - he already appears in our passports
Fun fact about the penny : although some people still collect them, the penny no longer has any value! If you tried to bring a roll of pennies (Wich is a stack of 50), the bank will No Longer give you 50 cents in return!
Nope. The penny is still legal tender, and the banks still accept them for cash payments. They do need to be rolled for deposit. Verified this info with the Canadian Bankers Association.
The bank notes change fairly regularly same as the quarters and loonies- you’ll see different ones all the time. My favourites remain, I think the $5 bill with the kids playing hockey with the quote from the children’s book ’the hockey sweater’ and the $10 from the same time that was also a remembrance bill and had a quote from flander’s field on it.
I would say Loonie and Toonie are terms most used by Canadians but older generations still use the words dollar or 2 dollar. While cards, tapping and e-transfers are pretty much all the younger generations use, older generations still use cash frequently.
She didn't mention that there is Brail on all our bills.
When naming the toonie, for awhile the consideration was to call it a dub-loon.
I think I always call it "loonie" and "toonie" and never a dollar or two dollars. 😃 These bank notes are beautiful. I appreciate them more after seeing them here. 🥰🇨🇦
Wait.. you aren't still in Scotland? A Scott, living in Malaysia, has such a fascination with Canada... I love this!
Thanks for your enthusiasm about all things Canadian. About the money a few comments. When the Looney was introduced back in the eighties the name Loonie quickly emerged as a slang term, a bit of a joke because at first the coins weren’t too popular. Quickly though the name caught on with use in the media, in banking circles and even government. Dollar is still official but Looney is almost entirely interchangeable. Regarding faces on currency, popularity of the monarchy has fallen off to a minority in Canada since the passing of the Queen, so I think many would consider putting non-royals on the money, but at present the plan is for Charles III to take his mother’s place.
Sir John A. Macdonald is controversial, as along with his achievements, people are now raising awareness in his role ing racism and genocide among indigenous peoples, colonialism and even slavery, with protests and defacing of statues of Sir John. This has divided some Canadians and caused some to accuse others of “wokeism” which is just ugly.
About the video, I never realized the holograms were different parts of the Parliament Buildings.
Thanks for the video
Andrew from Ottawa
There used to be a 1000$ banknote. it was pink with Queen Elisabeth on it. However, since it was not circulating enough, they stopped producing them and if someone goes to the bank with a 1000$ banknote, the person gets 1000$ and the note is destroyed. Also, there was a 25cent banknote until the end of the 19th century. As for the red poppy on the quarter, it is printed so on heavily circulated coins the poppy is not really red anymore. If I am not mistaking, the Queen Elisabeth will be replaced by King Charles since she passed but people are not so happy about it.
To answer your question... The Loonie and Twonie names of the coin are universal. No one calls it a one dollar coin. It is universally a loonie or Twonie. They can also refer to it by the value.
Can I borrow a dollar?
Can I borrow a buck?
Can I borrow a loonie?
Hello from Niagara Falls Canada Mert. If you shine a mild red laser through the translucent maple leaf in the banknote, the denomination of the bill will shine on the surface behind the banknote! Sometimes a strong red Christmas bulb will work too. Our ten dollar note is really spectacular now. It has vertical pictures and honours Viola Desmond.
I am also impressed with the bank notes which I did not know the detailing on the back of these notes eg holygram has a picture of area within Parliament grounds in Ottawa...inukchuk writing for "arctic"...She did not give any information of SIR Robert Borden except 8th Prime Minister of Canada or how about all these mylar banknotes with see through holygrams TO PREVENT laundering FORGERIES, or BRAILLE stamped each one of the corners for the blind person to feel the denomination amount...The spokeswoman had a great sense of enunciation because she spoke slowly. She had done her homework very well with the two ommissions. Oh yes, the 10 dollar MacDonald's face has been replaced by a lady from New Brunswick VIOLA DESMOND and on the back Indigenous accomplishments.
Yes, eventually King Charles III WILL BE THE FACE/HEAD of Canadian coins e v e n t u a l l y 😊
-The 1 & 2 $ coins have always been referred to as a loonie and toonie in Nova Scotia.
-Sir John A. MacDonald was born in Glasco, Scotland. When he was a boy his family immigrated to Kingston in the Province of Upper Canada, British North America.
-Banting, Collip and Best were awarded U.S. patents on insulin and the method used to make it. They all sold these patents to the University of Toronto for $1 each. Banting famously said, “Insulin does not belong to me, it belongs to the world.” He wanted everyone who needed it to have access to it.
I don’t think she mentioned that all of the bills have tactile markings (1 full braille cell for $5, 2 full braille cells for $10 etc) so they can be identified by people who are blind or have low vision.
Full braille cells are used instead of braille numbers so you don’t have to know how to read braille to tell notes apart.
Yes, we always call the $1 and $2 coins by loonie and toonie. 99.9% of the time. :) And yes, I also recently tested the strength and waterproofness of the notes, unintentionally. I left some notes in the pockets of a pair of pants that went into the washer. Oops... Thankfully, they came out of the wash in the exact same condition.
I was in printing for 30 years and always admired the security features they’d come up with. Our latest currency is more polymer than paper and if you leave a bill on your dash board in the sun, it will crinkle up. As usual, no checked the new bills down the line to the cutter. Any flaw in the blade(s) and the bill tears. Years ago when holographic security was applied in a small in the top right of $50. Several clever people used a yellow highlighter over it so the colour would change. A lot of places wouldn’t accept them for a long time. I was in Grand Cayman years ago. They have some great looking bills, including an odd $25 note. Worth checking out👍🏻
Hey just wanted to add in that it's not just the Quarter that has the commemorative designs, I have a set of 4 Dimes that were made in 2021 with special Blue nose designs, one of which has a blue waves under it. I also have two 1 dollar bills and a 2 dollar bill.
One interesting security feature of the banknotes is if you shine a laser through the centre of the maple leaf it will project the value of the note!
Well done presentation. Clear concise and with history. I hear from many tourists to Canada that people live our money. Note on the $10 note now we have a woman other than the Queen. named Viols Desmond, so hats off to the Cdn. Govt. to recognise importance of women in Cdn History.
I remember visiting the UK as a kid for the 1st time in the 1970's - one of the first things I learned is I couldn't just stuff pound notes into my pockets because they just disintegrated. Canadian notes were pretty tough by comparison. Another memory is being in the US in 1980 right after the 6 Iranian hostages were released with Canadian help. Interest in Canada was likely at an all-time high and one of the things they were fascinated with was our orange-coloured $2 bills. The going rate was $5 USD for $2 Cdn, quite the exchange!
She forgot to mention that the Canadian Five Dollar Bill smells like Maple Syrup, there is a metallic portrait of her majesty and the building, in color, and all the denominations have the numbers written in braille at the top.
Canada owns the land at Vimy Ridge where the Memorial is.
Only the 5? Not true. Plus most the notes smell like shit now and are dirty
I'd love to see a quick reaction to our new $10 bill. Our money is quite beautiful, I would say the vast majority of people really like it. It does survive the washing machine too :D
I would like to see Terry Fox on Canadian bill. Our money is beautiful, there is so much meaning in them. I believe the plan is that we will eventually have King Charles on our money in place of her Majesty Queen Elizabeth II, but I don't think that will happen until the UK's money (and stamps) is changed first. In Canada we learn about our countries history throughout our educations. Your videos are great! I think you need to satisfy your curiosity about Canada and pay us a visit! It is such a beautiful country!
Checkout the history and notable events of the Royal Canadian Mint. The Mint also sells many types of commemorative and specialty coins for sale to coins collectors and the public. The Bluenose and Bluenose II are definitely worth learning about.
As for the royals on currency I believe we have decided that it wasn’t mandatory. If I had to predict, the new coins will feature culture instead of just people. Yeah man bluenose is a great story.
There is a heritage minute with the canadarm I think.
last i heard charles will be on the 20 dollar bill replacing his mother
@@KraftyCdn I’m waiting on seeing the artwork. Is it released?
@@JT.Pilgrim not yet that i know of still Queen Elizabeth so far i will let you know when there is more info :)
The building of the Canadian Pacific Railway was incredibly important to exert sovereignty over the North West Territories (then all of Manitoba, Saskatchewan, Alberta plus the Yukon) and also connect the colony of British Columbia to Canada. BC insisted on a railway before they'd join confederation. Now, consider building a railway across the continent, through the Rocky Mountains and 2 more mountain ranges in BC - without even having a map of the area. The surveying and engineering alone were amazing feats but there's a lot more to the story - I'd love to see a reaction on the building of the CPR!
Canadian Space lad here. Love this girl. Smart and accurate. However ,.... it is NOT the Canada Arm. It is officially 'The CanadArm'.
100% of the time, Canadians refer to the $1.00 coin as a "loonie" and a $2.00 coin as a "twonie (too knee)". I have never heard anyone ever refer to either differently, although there is a joke about the twonie: the Queen with a bear (bare, get it?) behind. "Twonie" can be interchangeably spelled "toonie", which might be more common than "twonie".
The Canadian Mint stated after the Queen's passing and Charles III becoming monarch that there are no immediate plans to mint or replace existing coins or bills (banknotes). There are too many in circulation to justify producing more. However, that will change in a few years. While it is likely that Charles III, possibly William VI, will replace Queen Elizabeth II, there is no guarantee that the Head of State will be used during the minting of future currency. We don't know because the Canadian Mint doesn't know, and won't know for a few years.
Completely unrelated directly to our currency, the rock band Nickelback from Hanna, Alberta, Canada, got its name from a local coffee shop that charged $0.95 for a coffee and the servers kept asking customers "Do you want your nickel back?" when they were paid with a loonie.
As somebody who is now north of 40, I am astonished at how young people just live in a cashless world. All of the young people in my town are ethnic types (hold on, guys - it's just a truth - welcome to Canada in 2023!) and the 20ish year-old kids in front of me at my local coffee shop this afternoon seemed astonished to learn that it was a cash-only business. They cancelled their transaction and had to leave, and seemed amazed that anybody in this day and age would expect a young person to carry bills or change.
I'm a millennial and I hate carrying cash because I'm more likely to spend it, and I absolutely loathe how heavy coins are. One day some place gave me a pile of change because they didn't have anything smaller than a $20. It was something like twelve dollars worth of change. Combine that with the change that was already in my wallet. I went directly to the bank to deposit it. I felt silly doing it, and I told the teller as much, but I just don't need like 5lbs worth of change weighing me down, you know?
Yep I haven't carried cash or coins for years now. I love my cards!
@@VeryCherryCherry Yeah, it is true - the coins weigh a lot. I'm not too fond of the bills either, as they're so slippery and can easily fall out of your pocket.
The only thing I worry about is that, because we're essentially dealing with "virtual" currency -- how easy would it be to just "erase" your digital savings? Say, in a massive blackout or major disruption? How would you pay for food and gas? How would you prove you had the savings if the digital records are lost? Therefore I still think there's inherent value in coin/paper (plastic) currency.
Hi ! French Canadian here. To answer your question of whether it is still appropriate to have a monarch on our coins, the quick answer is yes. Maybe the fact that I hate change (ALL changes) influences my opinion but hey! 😝 That being said, Canada is a constitutional monarchy. Even if our relationship and our attachment to the monarchy is not the same as that of the English, we remain a monarchy. And as long as it stays that way, I believe the monarch should stay on our coins and on the $20 bill.
Lots of little things to say or add. On the $5 note, Canadarm 2 is mentioned. The original Canadarm is the arm that was loaded in the U.S. Space Shuttles, I believe there were 5 and only 3 still exist. The Canadarm program is what got Canadian astronauts into space. The Canadarm 2 and Dextre were installed on the I.S.S. by a Canadarm and the continued program is why there are still Canadian astronauts. The hologram of the West Block tower is mostly interesting because the West Block is now where Parliament sits and will be for the next decade as Centre Block undergoes a complete retrofit to bring the building up to modern standards. In order to fit the House of Commons the inner courtyard was capped and enclosed in a glass ceiling.
John A. McDonald was Canada's first Prime Minister and one of the founding fathers, not the only one. The completion of the Trans Continental railway is a National Icon, but as one of the Heritage Minutes you watched shows, not without great cost that was largely born by Chinese workers. McDonald's legacy has been tainted in the eyes of many in recent years due to that and more importantly for ushering in the repression and the cultural genocide of Indigenous peoples.
on the $10 note, I see many people have already mentioned that it now has Viola Desmond (another Heritage Minute you've seen). What I'll mention is a factoid about the Parliamentary Library. It is the only part of the Original Parliament to have survived a fire in 1917.
The Ship on the $50 note is specifically an Ice Breaker which is the only way to get access to some communities in the winter months. It's odd that the hologram is also of the Peace Tower (like the $20 bill) but closer and with the top missing, It confuses me. I can't explain why that's there when the much nicer more iconic photo is on the $20.
On the $100 bill there's the Tower of East Block. East Block is where offices for the Canadian Senate are located.
You can see all the past bank note designs at: www.bankofcanada.ca/banknotes/bank-note-series/
I find cash is more readily used in smaller communities, and I think this is for two reasons people who have their own private operations still pay lots of people cash and smaller establishments still prefer cash. However if you go to the bigger cities you can find places that already will not accept cash which is absolutely ridiculous,, I've only seen one person try to use their phone in place of a debit card and it didn't work so he had to run to his car and get a proper card.. also with all the snafus in technology lately a lot of people are being reminded to always carry cash on hand
It is not uncommon in Canada for American coins to get mixed up with Canadian coins. They are practically interchangeable.
Generally speaking, Canadian businesses don't bat an eye at receiving US coins; usually because most places are close enough to the border that it is somewhat common. (and US is worth more than Canadian coins, even for the same denominations).
US Border communities will also usually take small amounts of Canadian currency, but won't take Loonies or Toonies without officially converting them.
Beyond the border, they'll stop you if you slip even a Canadian Penny (back when we had pennies) in your payment and they notice it.
True, although if you're frugal you'll set them aside to use the next time you visit the US due to the higher value of the US dollar and the convenience of having some US coinage on you already when you first arrive.
Not in the US. When I was in California (in 1985), I accidentally handed some Canadian coins to a retailer. You'd have thought I'd handed him dirt! He chucked it back to me and barked "we only deal in American currency!" They think our money is trash.
@@sadee1287 I don't think they even look at the coins here lol
Newest $10 note features Viola Desmond.
Twoonies even had a special issue with glow in the dark colours representing the Northern lights. Also when the queen passed away the twoonie had a black nickel on the outside metal. And yeah, loonie and twoonie terms are universal across Canada. And and and the bills do not small like maple syrup
I very very rarely carry cash. Everything is done via debit today. We still use currency, but not nearly as much.