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Bank of Canada Unveiling New $50 Polymer Bill

March 25, 2012 7:05 AM | News

By David Klassen

Canada's new $50 polymer bill (BANK OF CANADA)

The Bank of Canada will begin circulating the country’s first $50 polymer bill on Monday.

The new $50 note will feature the CCGS Amundsen, a research ice-breaker used by the University of Manitoba’s Arctic researchers.

To coincide with the symbolism featured on the new banknote, a special ceremony to unveil the polymer bill will be held Monday at the U of M’s new Sea-ice Environmental Research Facility (SERF).

The $100 polymer was issued in November 2011. The remaining polymer notes in $10 and $5 denominations will be issued by the end of 2013, while the $20 polymer note will come out in late 2012.