OTTAWA, March 21, 2012 /CNW/ - The Bank of Canada will begin circulating the new $50 bill - the first of the polymer bank note series that will be available in automated banking machines - on Monday, 26 March 2012.
The new $50 bill, which has an image of the Arctic research vessel CCGS Amundsen on the back of the note, will be featured at an official event taking place at the Canadian Coast Guard Base in Victoria, British Columbia.
Speaking at the event will be representatives from the Bank of Canada and the Canadian Coast Guard. At the conclusion of the event, members of the media will have an opportunity to find out more about the various features of the new bill and purchase new $50 polymer bank notes.
|Time:|| 10:15 (Pacific Time)
|| Canadian Coast Guard Base
25 Huron Street, Victoria, BC
(helicopter hangar - Huron Street gate entrance)
Please be sure to have your press accreditation with you.
|| Audio and video webcasts of the national issue event in Québec will be accessible from the Bank's website.
|Distribution:|| A press release and additional background information will be available at 13:00 (Eastern Time) on the Bank's website.
|Note Exchange:|| The new $50 note will be available on-site for purchase by members of the media. Only cash purchases will be accepted. There will be no provisions for debit or credit card transactions.
|Note to Editors:||Journalists will be given a media kit that will include high-resolution images, an official press release and other relevant information. Video B-roll will also be available.|
|Background:||On the Polymer series|
| On 14 November 2011, the Bank of Canada issued its first polymer bank note - the $100 bill - which celebrates Canadian medical innovation. Both the $100 and $50 notes were unveiled in June 2011.
|The $20 note will be unveiled and issued later this year, with the remaining denominations - the $10 and $5 notes - to be unveiled and issued by the end of 2013. Further details regarding timelines for the unveiling and issuance of these notes will be made available in the coming months.|
For further information: