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Canada Rolls Out Plastic Money

Posted by Soulskill on from the made-from-flattened-hockey-pucks dept.

markian writes "Canada is set to switch to new banknotes that last 2.5 times longer than paper money. High-tech features include metallic imagery in a transparent area, raised ink, transparent text, and hidden numbers. 'If you look through the frosted maple leaf emblem at a single-point light source and hold it close to your eye, you'll see a hidden circle of numbers that match the face value of the note.' The Bank of Canada has more information on the subject. Now if we can just get rid of the penny..."

6 of 444 comments (clear)

  1. Nothing new here by HappyClown · · Score: 5, Informative

    Australia has had polymer banknotes since 1988, and in fact it's an Australian company that will be supplying these notes to Canada. Polymer banknotes have been used to varying degrees in 27 countries prior to Canada.

    1. Re:Nothing new here by Shrike82 · · Score: 3, Informative

      Clearly you two have no place on the Internet. During a disagreement you've both used words like "respect" and "sorry" with wild abandon. You should be insulting each other in an illogical and globally offensive manner at this point.

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      You can advertise in this sig from as little as £99.99 a month!
  2. You're already making more progress... by damn_registrars · · Score: 3, Informative

    Canada dumped the dollar bill in favor of coins of the same denomination. We talk about it in the US - just like we said back in the 60s that we would switch to the metric system - and never actually do it.

    --
    Damn_registrars has no butt-hole. Damn_registrars has no use for a butt-hole.
    1. Re:You're already making more progress... by iCEBaLM · · Score: 4, Informative

      Celsius is problematic because the degrees are too large, thus not really a better system, and is actually separate from the metric system anyway, so I wouldn't count that fact.

      Celsius is an official SI derived unit of measurement for temperature, and therefore is part of the metric system.

  3. Re:Get rid of the penny? pff by Michael+Wardle · · Score: 4, Informative

    Doubtful. A lot of prices end in .99 not because that's the store's actual cost, but because apparently many customers think 4.99 is $4, not $5.

    http://en.wikipedia.org/wiki/Psychological_pricing

    Australia got rid of the 1c coin years ago. Prices that used to end in .99 now end in .95, not .00.

  4. Re:Get rid of the penny? pff by aXis100 · · Score: 3, Informative

    Prices in Australia still do end in .99, it's only the final total at the cash register that is rounded down to the nearest 5c.