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<p>[QUOTE=&quot;Bob White, post: 1407075, member: 26497&quot;]In 1989, Canada replaced the one-dollar note with a coin, nicknamed the “loonie”. In 1996 the widely circulated two-dollar note was replaced with a coin, nicknamed the “toonie”. The remaining paper notes are being replaced with polymer notes in 2011 – 2013. The polymer hundred was introduced in 2011 without major incident, and this week the polymer 50 entered circulation, with the 20’s, 10’s, and 5’s scheduled over the next 18 months.</p><p>&nbsp;</p><p>Meanwhile the United States still has a widely circulated paper dollar, and a paper two that is narrowly circulated. The new mutil-coloured hundred is about two years behind schedule, and a hundred billion dollars worth of notes may have to be destroyed because of defects in the manufacturing process. And then there&#039;s the hundred million or so dollar coins sitting in storage at the US mint because dollar notes continue to be favoured over coins.</p><p>&nbsp;</p><p>Today in related news, the Canadian government announced that the one-cent coin will cease production by the end of 2012. Considering how much Canadians and Americans have in common, does anyone else find it interesting that Canadian money - notes and coins -&nbsp; have been continuously modified without great drama, while US notes and coins seem to follow a more “traditional” style and usage?&nbsp; I’m not suggesting one is better than the other... just remarking on the number of differences in approach.[/QUOTE]</p><p><br /></p>

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