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<p>[QUOTE=&quot;fiftypee, post: 145753, member: 4700&quot;]<b>$2 Canadian note and coin and $1 note and coin recent history</b></p><p><br /></p><p>Hey folks:</p><p><br /></p><p>Yes the loonie (Canada&#039;s $1 coin) came out on July 1, 2007 (Canada Day), but we still had dollar bills at the same time.</p><p><br /></p><p>It was decided by the government to make it easier for the public to accept the coin, by gradually phasing out the dollar bill supplies, while increasing the dollar coin supplies.</p><p><br /></p><p>I seem to remember in 1990 that the dollar bill was pretty much gone, and we were having mostly dollar coins in circulation.</p><p><br /></p><p>When the toonie (Canada&#039;s $2 coin) came out in 1996, the Government didn&#039;t do any phase out plan.&nbsp; They just started to take the two dollar bills out of circulation, and bring in $2 coins.</p><p><br /></p><p>Talk to you all later!&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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