BANK OF CANADA ISSUES $20 POLYMER VIMY THEMED BANK NOTE

The Bank of Canada on the 7th of November announced the entry into circulation of the new $20 polymer bank notes, during an official ceremony at the Canadian War Museum. Starting today, these new notes will gradually become available at financial institutions across Canada. The Vimy Foundation is proud to have been involved in the process.

Bank of Canada Governor Mark Carney was joined at the event by Minister of Finance Jim Flaherty, Minister of Veterans Affairs Steven Blaney, and David Houghton, President of the Vimy Foundation.

“The introduction of the $20 note is an important milestone for the new Polymer series. Making up half of all bank notes in circulation, the $20 note is the most used denomination,” said Governor Carney.

The front of the new $20 note features a portrait of Her Majesty Queen Elizabeth II, Canada’s Head of State; while the imagery on the back of the note features the Canadian National Vimy Memorial. This iconic monument, located in Vimy, France, commemorates the 1917 Battle of Vimy Ridge and honours Canadians who fought and gave their lives in the First World War in France and who have no known grave.

“It is fitting that we are launching these new notes at the Canadian War Museum only a few days before Remembrance Day. These new notes pay tribute to the sacrifices of Canadian men and women who fought to protect Canada and its allies in all military conflicts,” said Minister Flaherty. “

Minister Blaney noted the special significance to veterans of featuring the Canadian National Vimy Memorial on the $20, “With these notes, Canadians are honouring the contributions and sacrifices of our military men and women, a powerful sentiment that I am certain will resonate strongly with our veterans and their families.”

Vimy Foundation President David Houghton added, “Each time we open our wallets, we will be reminded of the significance of the battle of Vimy in Canadian history—a pivotal moment when our country came of age.”

THE VIMY FOUNDATION AT THE UNVEILING OF THE NEW $20 BILL

On Wednesday May 3 2012, the Bank of Canada unveiled the new Vimy themed $20 bill. The Vimy Foundation was represented by nine students from Notre-Dame High Shool in Ottawa who had travelled to Vimy in April to commemorate the 95th anniversary of the Battle of Vimy Ridge. On wednesday these students had the opportunity to witness the launch of the new bill first hand and were greeted by the Governor of the Bank of Canada, Mr. Carney and Minister Flaherty. They also visited the currency Museum with Mr. Gerry Gaetz, Chief of Currency.

THE BANK OF CANADA LAUNCHES NEW VIMY-THEMED $20 BILL

The Vimy Foundation is very pleased that on May 3rd, the Bank of Canada unveiled the new $20 that will be put in circulation in the coming months.

Thanks to the Bank of Canada, the victory of Vimy Ridge will be depicted on the new bill, allowing Canadians to carry a piece of history in their wallets. Just as Canadian innovation was successfully demonstrated on the battlefield of Vimy and with the architectural design of the memorial some years later, the new series of Canadian notes are at the frontier of bank note technology and will set a benchmark worldwide.

The Bank of Canada unveiled this new $20 bill during a very important time, as people across Canada and France just commemorated the 95th Anniversary of the Battle of Vimy Ridge on April 9, 2012. This prestigious honour will help commemorate the sacrifice and success of Canadian soldiers in the First World War.

The Vimy Foundation’s mission is to preserve and promote Canada’s First World War Legacy as symbolized by the victory at Vimy in 1917 and is thus proud to have consulted the Bank of Canadaon this initiative and to have given support with regards to the theme and design of the new bill. The Foundation looks forward to future collaboration with the Bank of Canada.

For more information on the new $20 bill, please visit: http://www.bankofcanada.ca/banknotes/