OTD: Loonie enters circulation - Canadian Coin News

On today’s date in 1987, the “loonie” entered circulation as 80 million $1 coins were introduced in major cities across Canada. Two years later, the Bank of Canada ceased production of the country’s $1 banknote, which was said to be 20 times less durable than coinage. At the time, it was the most significant change […]

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