Canadian five-dollar note explained

Country:Canada
Denomination:Five dollars
Unit:5 Canadian dollars
Width Mm:152.4
Height Mm:69.85
Security Features:Holographic stripe, watermark, EURion constellation, tactile marks, registration device, raised printing, UV printing
Paper Type:Polymer
Obverse:Canadian $5 note specimen - face.jpg
Obverse Design:Portrait: Wilfrid Laurier, prime minister from 1896 to 1911
Obverse Design Date:25 March 2013
Reverse:Canadian $5 note specimen - back.jpg
Reverse Design:Canadarm2 and Dextre
Reverse Design Date:25 March 2013

The Canadian five-dollar note is the lowest denomination and one of the most common banknotes of the Canadian dollar.

As with all modern Canadian banknotes, all text is in both English and French .

Frontier series note

The most recent Canadian five-dollar note, part of the Frontier series, is predominantly blue and was introduced 7 November 2013, using the same technology found in the other notes of that series.[1] The bill features a portrait of Canada's seventh prime minister, Wilfrid Laurier, and a hologram of the Mackenzie Tower from the West Block on Parliament Hill on the front; the back features an astronaut working with Dextre attached to the Canadarm2.[2]

This note features raised, textured printing as well as a special tactile feature (similar to Braille dots) to assist the blind in identifying the denomination. Security features include 'BANK OF CANADA' and 'BANQUE DU CANADA' visible only under ultraviolet light, and yellow dots representing the EURion constellation on the reverse side.

Canadian Journey note

The front of the previous note, from the Canadian Journey series, also features Wilfrid Laurier, the coat of arms, and a picture of the West Block of the Parliament buildings, but in a different layout from the Frontier series note. The reverse side depicts children engaged in winter sports, including sledding, ice skating, and hockey; this is accompanied by a quotation from Roch Carrier's short story, "The Hockey Sweater":

French: Les hivers de mon enfance étaient des saisons longues, longues. Nous vivions en trois lieux: l'école, l'église et la patinoire; mais la vraie vie était sur la patinoire.

The winters of my childhood were long, long seasons. We lived in three places—the school, the church and the skating rink—but our real life was on the skating rink.[3]

In the image, one of the hockey players, notably a girl, wears a hockey sweater number 9 to honour Canadian hockey legend Maurice Richard, idolized in Carrier's story.

Series history

Series Main colour Obverse Reverse Series year Issued Withdrawn
1935 Series OrangeEdward, Prince of WalesElectric power allegory193511 March 1935
1937 Series BlueGeorge VIElectric power allegory193719 July 1937
1954 Series BlueElizabeth IIA country scene, Richmond, Quebec19549 September 1954
Scenes of Canada BlueWilfrid LaurierSalmon seiner BCP 45 in Johnstone Strait, British Columbia19724 December 19721 October 1979
19791 October 197928 April 1986
Birds of Canada BlueWilfrid LaurierBelted kingfisher198628 April 198627 March 2002
Canadian Journey BlueWilfrid LaurierChildren playing hockey, tobogganing, and skating; excerpt from "The Hockey Sweater" by Roch Carrier200227 March 200215 November 2006
200615 November 20067 November 2013
Frontier BlueWilfrid LaurierCanadarm2 and Dextre20137 November 2013

Five-dollar coin

In 2005, the Canadian government polled its citizens on the idea of retiring the five-dollar note, replacing it with a five-dollar coin. The money saved in making the coin would then fund the Canadian Olympic team. Canadians resoundingly rejected and ridiculed the idea of a five-dollar coin.[4] Some pointed out the note's most recent redesign took place only four years prior, while many others were averse to the idea of carrying yet another coin in their wallets and pockets. Due to the overwhelmingly negative response, plans for the five-dollar coin were discarded. Instead, on 15 November 2006, the Bank of Canada released an updated version of the five-dollar note (issue of 2006) with updated security features, including a holographic stripe found in the rest of the series, and a watermark of Laurier that appears when held to the light.[5] These features replaced the iridescent maple leaves that were in the issue of 2002.

"Spocking Fives"

For years, Canadians have been known to deface certain editions of the five-dollar note by using ink pens to alter Laurier's features to resemble Spock, the Star Trek character originally portrayed by Leonard Nimoy.[6] In 2002, the Bank of Canada officially objected to "any mutilation or defacement of banknotes", which could shorten the lifespan of the currency. When "Spocking" surged in 2015 following Nimoy's death, the Bank reminded people that, while the practice is not illegal and the notes remain legal tender and "a symbol of our country and a source of national pride", defacing the bill could damage its security features and lead retailers to refuse them.[7] The 2013 issue of the note features an image of Laurier with less resemblance to Spock.

Polymer notes

In 2020, a short-list of eight "bank NOTE-able" Canadians to be portrayed on the $5 vertical polymer bills in place of Laurier was selected from 600 nominees: Terry Fox, Crowfoot, Pitseolak Ashoona, Robertine Barry, Binaaswi, Won Alexander Cumyow, Lotta Hitschmanova and Fred Loft,[8] with the final decision to be made by the Minister of Finance.[9] In 2023, it was reported that Laurier will stay on the five-dollar bill for some time.[10]

External links

Notes and References

  1. News: Vancouver is first city to see new plastic $10 bills. 7 November 2013. CTV News. 21 September 2019.
  2. News: Focus groups found Bank of Canada's new five-dollar bill 'too cartoonish'. 10 March 2015. National Post. 28 April 2013.
  3. Web site: French-Canadian Writers: Roch Carrier . Athabasca University . 5 February 2013.
  4. http://www.cbc.ca/news/business/5-coin-ridiculous-1.558894 $5 coin? 'Ridiculous'
  5. http://www.bankofcanada.ca/en/press/2006/pr06-17.html Bank of Canada Issues Upgraded $5 Bank Note
  6. Web site: Bank of Canada Urges 'Star Trek' Fans To Stop 'Spocking' Their Fivers . Tara McGinley . DangerousMinds.net . 4 March 2015 . 14 July 2015.
  7. Web site: Koerber. Brian. Canadians 'Spock' their $5 bills to honor Leonard Nimoy. Mashable. 1 March 2015. 5 March 2015.
  8. Web site: Your candidates for the next $5 bank note . Bank of Canada . 2 May 2021 .
  9. Web site: The next bank NOTE-able Canadian . Bank of Canada . 2 May 2021 .
  10. News: Tasker . John Paul . 14 July 2023 . Sir Wilfrid Laurier is staying put on the $5 bill — for now . 26 March 2024 . CBC News.