Canada unveils new $20 bill featuring portrait of King Charles
Canada has unveiled a new $20 banknote featuring King Charles III, marking the first time a new monarch has appeared on Canadian currency in over 70 years. The vertical, polymer note also includes environmental themes and Indigenous-inspired design elements.
Why it matters
The update reflects the transition of the British monarchy and Canada's evolving national identity and relationship with the Commonwealth.
Image source, Supplied by the Bank of Canada Image caption, The vertical, polymer banknote will enter circulation early next year.
Canada has unveiled a new $20 banknote featuring a portrait of King Charles III, the first new monarch to appear on a Canadian banknote in more than 70 years, following the death of Queen Elizabeth II in 2022.
The banknote was revealed at a Bank of Canada event on Thursday - a "very special day", central bank governor Tiff Macklem said.
A unique feature of the banknote is its vertical orientation. The back shows an image of the Vimy Ridge memorial in France to commemorate Canada's role in World War II.
The Commonwealth nations of New Zealand and Australia have displayed the King on their coins, though Australia has said it will not feature him on banknotes.
Also covering this story
4 other newsrooms covered this event. We read each version separately.
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