Canada has become the first Commonwealth nation besides the UK to feature King Charles on its currency since his accession, unveiling a new $20 banknote that includes a floral and leafy tapestry design symbolizing the monarch’s environmental commitment.
The Bank of Canada noted that the note’s design was developed in consultation with an Indigenous advisory council. Wayne Long, Liberal MP and secretary of state for the Canada Revenue Agency, stated at the launch that the imagery serves as a strong reminder of national identity and values.
This marks the second vertical banknote issued by the country, following the $10 bill featuring civil rights advocate Viola Desmond, which was named best in the world by the International Bank Note Society in 2018. The new note is scheduled to enter circulation early next year.
While polls indicate significant support among Canadians, particularly in Quebec, for severing formal ties with the British monarchy, the institution’s popularity saw a slight increase amid rising tensions with the United States. These tensions include an ongoing trade dispute and comments from US President Donald Trump regarding Canada potentially becoming the “51st state.”
In May, Prime Minister Mark Carney invited the King to open Parliament, describing the visit as an affirmation of Canada’s sovereignty. King Charles remains Canada’s head of state, represented locally by Governor General Mary Simon.
I love the vertical design! It looks so modern compared to our old horizontal bills. Can’t wait to see it in circulation.
Honestly, I wish we’d get rid of the King entirely. Why are we still spending money on royal portraits when republicans exist?
The environmental motifs are a nice touch. Makes the currency feel relevant to current global issues. Solid design choice by the Bank of Canada.
Surprised this hasn’t caused more outrage in Quebec. Given the republican sentiment there, this seems like a risky move by the Liberals.