Canada started rolling out new, polymer-based $100 bills two years ago, followed by 50s and then, last November, 20s. The money, which isslick like a sheet of plastic, hard to fold and partly transparent, is more difficult to counterfeit than Canada’s old paper-and-cotton bills. Australia and New Zealand have used similar, plasticized notes for years.
1. Based on the article, what are at least two problems with the new currency bills?
2. What was the controversy with the the $100 note?
3. What is the maple leaf controversy on the $20 bill?
4. What other countries have had currency problems and why?
Johnson, K. (2013). Canada’s New Banknotes Strike Some as Loonie. The Wall Street Journal, Feb. 15 (Retrievable online at http://online.wsj.com/article/SB10001424127887323511804578297993757700724.html?mod=WSJ_hp_EditorsPicks)
WSJ Video. (2013). Paper or Plastic? Dollar Bills, That is! (Retrievable online at http://on.wsj.com/YkPqkq)