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With the death of Queen Elizabeth II, what happens to Canadian bills and coins?

Section: Daily Dispatches

From The Canadian Press, Toronto
Thursday, September 8, 2022

OTTAWA -- Canadians are used to seeing Queen Elizabeth II on their money, but that could change following the death of the longest-serving British monarch and Canadian head of state.

However, the Bank of Canada, which produces Canada's paper bills, said changes likely won't be seen immediately.

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The current $20 bank note featuring the Queen, is intended to circulate for years to come, the central bank said, and there is no legislative requirement to change the design within a prescribed period when the monarch changes. New bank notes, including the portrait subject, are approved by the finance minister.

One observer says he doesn't know if Canadians will ultimately see King Charles III, as he's now known, on our bills.

"I don't know if we will, since there is only the $20 that has the Queen on it, and Canadians may want to change this," said University of Toronto business history professor Dimitry Anastakis.

But the government will likely keep the queen on the $20 bill for a while before any changes are made, he noted.

The Royal Canadian Mint, which manufactures and distributes Canada's coins, said the government has exclusive jurisdiction over their design.

... For the remainder of the report:

https://www.cp24.com/news/with-the-death-of-queen-elizabeth-ii-what-happens-to-canadian-bills-and-coins-1.6060610

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Help keep GATA going:

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To contribute to GATA, please visit:

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* * *

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 12-15, 2022
Hilton New Orleans Riverside Hotel
New Orleans, Louisiana

https://neworleansconference.com/

* * *

Toast to a free gold market 
with great GATA-label wine

Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.

Here's what the bottles look like:

http://www.gata.org/files/GATA-4-wine-bottles.jpg

Buyers can compose their case by choosing as many as four varietals from the list here:

http://www.gata.org/files/FayJWineryVarietals.jpg

GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?

To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --

https://tinyurl.com/3xt6uw66

-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16