Canada unveils new $20 bill featuring portrait of King Charles
Summary
Canada has revealed a new $20 bill featuring King Charles III, the first new monarch on Canadian currency since Queen Elizabeth II's death in 2022. The vertical polymer note will enter circulation early next year and shows the Vimy Ridge memorial on the back to honor Canada’s role in World War I.Key Facts
- The new $20 bill features a portrait of King Charles III, the first new monarch on Canadian money in over 70 years.
- The banknote is vertical and made of polymer, a type of durable plastic.
- The back of the note shows the Vimy Ridge memorial in France, commemorating Canada’s participation in World War I.
- The design includes a floral pattern inspired by King Charles’ focus on environmental issues.
- Canada consulted with an Indigenous advisory council for some design elements on the note.
- This is Canada’s second vertical banknote, following the vertically designed $10 bill featuring Viola Desmond.
- Canada is the first Commonwealth country outside Britain to put King Charles on its banknotes since he became king.
- The new $20 bill will enter circulation early in the next year.
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