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New $5s and $10s make series complete

new-5s-and-10s0The new $5 and $10 polymer notes are in circulation making the launch of the polymer series complete.

Retired Canadian astronaut Chris Hadfield,  former Commander of the International Space Station, helped launch the $5 note with Bank of Canada Governor Stephen Poloz.

Hadfield spoke of the significance of featuring Canadian robotics innovations on the $5 note.

“The Canadarm2 and Dextre images on the $5 bank note remind me of the determination, ingenuity and dedication of so many people at the Canadian Space Agency, in the space industry and academia across the country. As Canadians use the new $5 note and see these space symbols, I know they will be reminded of these qualities,” he said.

The $10 note was launched at an event held simultaneously at Vancouver’s train station by Senior Deputy Governor Tiff Macklem and VIA Rail Canada President and Chief Executive Officer Marc Laliberté.

Marc Laliberté added that VIA Rail is proud that the new $10 note features the Canadian train.

“Today is the 128th anniversary of the driving of the last spike that completed the construction of Canada’s railway, and linked the country from sea to sea. So it is only fitting that this new $10 bank note should celebrate the pioneering spirit, and the true grit and determination of Canadians who helped unite our country, with the promise of an even better future.”

All five denominations of polymer notes will now appear in the retail till, in wallets and as change in cash transactions.

During the introductory phase of the new $5s and $10s, both paper and polymer notes will circulate together.

Canadians have reported to the Bank of Canada that separating new polymer notes can be a challenge. The bank assures that the problem is because all the notes are brand new and once they circulate the tendency will disappear.

The themes of the denominations are:

$100 Medical Innovation – celebrates Canadian innovations in the field of medicine (Portrait: Sir Robert Borden)

$50 CCGS Amundsen, Research Icebreaker – reflects Canada’s commitment to Arctic research and the development and support of northern communities (Portrait: William Lyon Mackenzie King)

$20 The Canadian National Vimy Memorial – evokes the contributions and sacrifices of Canadians in conflicts throughout our history (Portrait: HM Queen Elizabeth II)

$10 The Canadian train – represents Canada’s great engineering feat of linking its eastern and western frontiers by what was, at the time, the longest railway ever built (Portrait: Sir John A. Macdonald)

$5 Canadarm2 and Dextre – symbolizes Canada’s continuing contribution to the international space station program through robotics innovation (Portrait: Sir Wilfrid Laurier)

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