loonie

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New Canadian 20 Dollar Bills Feature Wrong Maple Leaf in Design Error

An error by the Bank of Canada in the design of its new 20 dollar bills made from plastic has placed the Norwegian maple leaf, and not the native sugar maple leaf that is on Canada’s national flag, on its currency. The mistake was spotted by an observant Canadian botanist, Sean Blaney, of the Atlantic […]

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Iceland and Greenland Discuss Adopting the Canadian Dollar as National Currency

The economic downturn has claimed many victims: individual citizens, corporations, countries and potentially entire monetary unions (such as Greece in the euro). Iceland is no stranger to economic hardship, becoming the first nation to declare sovereign bankruptcy in years when it did so in 2008. In order to jumpstart the economy, use of the loonie […]

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Reykjavik Shows Interest in Using the Canadian Dollar as Iceland’s National Currency

Canadian ambassador to Iceland Alan Bones planned to deliver a talk on the future of Iceland’s current currency, the Krona, but instead finds himself offering to begin talks on Iceland’s adoption of the loonie as its means of exchange. Word of the remarks apparently reached Joseph Lavoie, Foreign Minister John Baird’s press secretary, who promptly […]

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