They say money doesn’t grow on trees. Well, the federal government has taken that adage to heart it announced earlier this week that Canada’s paper-cotton banknotes would be replaced by newly designed plastic ones next year.
It’s part of a plan to modernize and protect Canadian currency against counterfeiting.
The new plastic bills, made from a polymer material, are harder to fake, recyclable, and two to three times more resistant to tearing, the Bank of Canada said.
If “will not jam the soda machine in the breakroom” also makes it to the list of advantages, and I suspect it will, I’m calling for Washington to follow Ottawa’s lead here.