Canada’s paper money is going plastic. More pros than cons.
Cash will be in plastic.
Jim Flaherty can’t make your dollars go further but he is refashioning Canada’s currency to ensure those $10 and $20 bills last much longer.
Canada’s paper money is going plastic, the Harper government announced in its 2010 budget yesterday.
Starting in late 2011, the Bank of Canada will replace the country’s cotton-paper bank notes – prone to wear and tear – with synthetic polymer ones that last two to three times as long.
These far-hardier bills won’t be indestructible – a flame is still a threat, for instance – but they will be….READ MORE HERE