NEW VERTICAL CANADIAN $20 BILL

It's official — Canada has a new $20 bill.

Bank of Canada Governor Tiff Macklem unveiled the new, vertical bill featuring a portrait of King Charles on Thursday in Ottawa. It's the first Canadian bank note to feature Charles, whose image replaces that of the late Queen Elizabeth II.

In a news conference, Macklem called the unveiling "historic." It's been more than 70 years since a new monarch appeared on a Canadian bank note. The late Queen Elizabeth II first appeared on the Bank's inaugural $20 note in 1935 as a young princess, Macklem added.

Two years later, in 1937, the bank's bilingual series featured King George VI on most of its bills. By 1954, with its landscape series, every note carried the portrait of Queen Elizabeth II, until now.

The new bill is also historic because it "features security technologies never before used on a Canadian bank note," he said.

About the design

In a news release, the bank explained that the portrait of Charles is surrounded by a floral and leafy tapestry "inspired by the King's lifetime dedication to the environment."

Also on the front are provincial and territorial floral emblems representing the 13 provinces and territories. A circular window, which the bank explains is visible from both sides of the note, "features plants that are culturally significant to Indigenous Peoples in Canada."

As for security features, the note has a purple security stripe which includes elements that "spin, transform and pulse" when the note is moved, the bank explained. This makes the bill "easy to check and hard to counterfeit."

To read the complete article, see:
Bank of Canada unveils new vertical $20 bill featuring King Charles (https://www.cbc.ca/news/canada/bank-of-canada-king-charles-new-bill-9.7330784)

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