The Bank of Canada today announced the creation of a Law Enforcement Award of Excellence that will be presented annually to a police officer who demonstrates outstanding commitment and initiative in the fight against bank note counterfeiting.

The inaugural award will be presented in August at the Canadian Association of Chiefs of Police (CACP) conference in Vancouver. Award recipients will receive a citation from the Bank's Governor David Dodge.

The creation of the award is part of the Bank's continuing effort to improve the security of Canadian bank notes and to encourage counterfeit detection and prevention efforts by police agencies, businesses and individual Canadians.

"The Bank of Canada is proud to honour law enforcement's significant contribution to the fight against counterfeiting," said Deputy Governor Pierre Duguay who is responsible for the currency function. "The new award supports the Bank's commitment to provide bank notes that are readily accepted and in which Canadians can have confidence."

Superintendent Peter Cuthbert, Executive Director of the Canadian Association of Chiefs of Police, said the CACP is pleased the Bank has chosen its annual conference as the venue for presenting the new award. "The CACP is truly grateful to have the Bank of Canada as its partner: one that recognizes the dedication, commitment and contribution of all front-line police officers in combating currency counterfeiting in Canada," he said.

The award selection committee comprises three representatives from the Bank of Canada, one representative from the RCMP, and one representative from the CACP's Prevention of Crime in Industry Committee. Nominations will be solicited from Canadian law enforcement agencies by April 30th of each year.

For more information:

Bank of Canada
John Mackenzie
(613) 782-7698

Canadian Association of Chiefs of Police
Peter Cuthbert
(613) 233-1106