World News
Canada unveils new $20 bill featuring portrait of King Charles
The vertical banknote marks the first time a Commonwealth nation outside Britain has featured the King on paper currency.
The short version
- The Bank of Canada revealed a new vertically oriented $20 bill depicting King Charles III alongside the Vimy Ridge memorial.
- Canada becomes the first Commonwealth country outside Britain to place King Charles on its banknotes since his ascension.
- The currency is scheduled to begin circulating early next year.
Key facts
- The Bank of Canada unveiled a new vertical $20 banknote featuring King Charles III, replacing the previous portrait of Queen Elizabeth II.[BBC News]
- Canada is the first Commonwealth nation outside the United Kingdom to feature the King on a banknote.[BBC News]
- The reverse side of the bill depicts the Canadian National Vimy Memorial in France, commemorating Canada's participation in World War I.[BBC News]
- The design includes floral and foliage elements chosen partly through consultation with an Indigenous advisory council to reflect environmental themes.[BBC News]
- Bank of Canada Governor Tiff Macklem stated the new bill will enter circulation early next year.[BBC News]
What remains uncertain
- The exact date early next year when the new banknotes will officially begin circulating has not been specified.[BBC News]
Sources
- Canada unveils new $20 bill featuring portrait of King CharlesBBC News - Top Stories