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Old 03-04-2010, 09:31 PM   #1
Regulator75
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Default New Canadian Currency for late 2011

I think this is a great idea.
The money will last longer and plus you can clean it! lol

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Canada’s money is going plastic, the Harper government announced in its 2010 budget today. Starting in late 2011, Ottawa will replace Canada’s paper-cotton bank notes – prone to wear and tear – with synthetic ones that last two to three times longer.
The changes are intended save on the cost of printing bills – and create a currency that’s much harder to counterfeit.
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Canadians will no longer have to worry that their tens and twenties might dissolve if they mistakenly go through the wash. And the bills themselves are far more indestructible, unless, of course, they are melted by a flame.
http://www.theglobeandmail.com/blogs...rticle1489845/
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Old 03-04-2010, 09:32 PM   #2
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Just like the peso. We will finally be respected!
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Old 03-04-2010, 09:33 PM   #3
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They have these type bills in New Zealand and Australia, and they're great.
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Old 03-04-2010, 09:34 PM   #4
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I'm fine with it as long as I can still roll the bills up to snort coke off a hooker's body.
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Old 03-04-2010, 09:34 PM   #5
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I wonder how many years it'll take before all the new bills have been introduced?
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Old 03-04-2010, 09:37 PM   #6
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isn't that what Visa is?
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Old 03-04-2010, 09:40 PM   #7
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And Canada will take one more step ahead of the US in terms of currency production (I hate their 1 dollar bills)
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Old 03-04-2010, 09:41 PM   #8
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Quote:
Originally Posted by Brewmaster View Post
They have these type bills in New Zealand and Australia, and they're great.
They also don't have pennies and prices include tax, which are also great.

Last edited by SebC; 03-04-2010 at 09:50 PM.
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Old 03-04-2010, 09:44 PM   #9
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I'm happy we're going to polymer notes as experiences with them in Australia, Hong Kong, and Vietnam proved they were super durable.

But getting the Aussies to supply them? Weak. Isn't this the time to support Canadian Business. These guys have printed Canadian currency and have the polymer skills it would seem.

http://www.cbnco.com/paysys/paysys-docs-banknotes.php

If indeed the Aussies had the lower bid, I sure hope it wasn't a close difference.
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Old 03-04-2010, 09:48 PM   #10
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These guys have printed Canadian currency and have the polymer skills it would seem.

http://www.cbnco.com/paysys/paysys-docs-banknotes.php
Hmm... I need to contact those guys to help me print some bills for me on the side....
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Old 03-04-2010, 09:52 PM   #11
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Wonder how much of a pain it will be to get vending machines / self checkouts etc. to accept these?
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Old 03-04-2010, 09:57 PM   #12
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This is really cool.

If anyone wants to see how they make these here's a youtube link:
http://www.youtube.com/watch?gl=AU&h...&v=YTggA4jVPj0

It looks almost impossible to counterfeit these things and they look practically indestructible.
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Old 03-04-2010, 10:08 PM   #13
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And Canada will take one more step ahead of the US in terms of currency production (I hate their 1 dollar bills)
I actually prefer to use bills over coins.
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Old 03-04-2010, 10:26 PM   #14
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Beats the heck out of going to all coins. Although I doubt that they won't be able to be counterfeited. It's only a matter of time.
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Old 03-04-2010, 11:34 PM   #15
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Quote:
Originally Posted by I-Hate-Hulse View Post
I'm happy we're going to polymer notes as experiences with them in Australia, Hong Kong, and Vietnam proved they were super durable.

But getting the Aussies to supply them? Weak. Isn't this the time to support Canadian Business. These guys have printed Canadian currency and have the polymer skills it would seem.

http://www.cbnco.com/paysys/paysys-docs-banknotes.php

If indeed the Aussies had the lower bid, I sure hope it wasn't a close difference.
Aussies have the most technology and production facilities I guess. I'm guessing that small company is too small to really undertake this sort of scale.

The Canadian Mint will probably start buying the equipment and building factories to print our own notes in future years.
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Old 03-05-2010, 12:04 AM   #16
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What a dumb picture. The didn't even pay enough.

No tip or anything, AND he's 4 dollars off.
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Old 03-05-2010, 12:34 AM   #17
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What I really want to know is if a microchip will find its way into the bills.
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Old 03-05-2010, 01:18 AM   #18
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What I really want to know is if a microchip will find its way into the bills.
RFID.

And yes.
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Old 03-05-2010, 02:31 AM   #19
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Originally Posted by flamestalker View Post
What a dumb picture. The didn't even pay enough.
Awesome catch.
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Old 03-05-2010, 02:57 AM   #20
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Quote:
Originally Posted by flamestalker View Post
What a dumb picture. The didn't even pay enough.

No tip or anything, AND he's 4 dollars off.
Looks like an interesting place. http://www.kinki.ca/
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