Bank notes

• November 17, 2011

  Modelling the Counterfeiting of Bank Notes: A Literature Review

  Bank of Canada Review - Autumn 2011 Ben Fung, Enchuan Shao

  The objective of this article is to improve our understanding of counterfeiting and its policy implications by reviewing research in this area. There has been almost no empirical work on counterfeiting because of the limited availability of counterfeiting data and related statistics. The authors therefore focus on theoretical studies that directly model the behaviour of the relevant economic agents. They first establish some stylized facts about counterfeiting to provide a general understanding of the problem. They then briefly review several models of counterfeiting and summarize their relevant insights, focusing on the implications of the findings for the incentive to counterfeit, social welfare and anti-counterfeiting policies. The authors find that the policy implications of these studies support the Bank’s comprehensive anti-counterfeiting strategy.

  Content Type(s): Publications, Bank of Canada Review articles Topic(s): Bank notes
• November 14, 2011

  Bank Note Launch

  Remarks Mark Carney MaRS Discovery District Toronto, Ontario

  Governor Mark Carney announces the launch of the new $100 bank note.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Bank notes
• November 14, 2011

  Bank of Canada Issues $100 Bill – First Canadian Polymer Bank Note

  Media Relations Ottawa, Ontario

  The Bank of Canada today began circulating the new $100 bill – Canada’s first polymer bank note. This new note will be available at financial institutions from coast to coast to coast over the next few weeks. The $100 note features a portrait of Sir Robert Borden, Prime Minister of Canada between 1911 and 1920, […]

  Content Type(s): Press, Press releases Topic(s): Bank notes