Plastic Money Makes perfect Sense

This November marks a historic first for Canadian currency, as the Bank of Canada (BoC) begins rolling out the latest $100 banknotes, the Polymer Series, acquainting Canadians to plastic money.

If money is power, these polymer banknotes are king. Lasting 2.5 times longer than cotton-based bills, these plastic notes utilize a biaxial-oriented polypropylene substrate developed by Australian manufacturer Securency International.

This innovative substrate, known as Guardian®, has already shown its face in 32 countries since the Reserve Bank of Australia embraced it in 1988, and will denote the first time anything other than paper is fully used for Canadian notes. Read more