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Bank notes: Backgrounders and explainers

Get quick access to background materials, explainers and The Economy, Plain and Simple articles about bank notes.

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February 24, 2023

The lifespan of a bank note

At the Bank of Canada, we assessed the life cycle of bank notes to confirm that polymer notes have a smaller environmental footprint than paper notes. Polymer notes have a longer life and then are recycled.
Content Type(s): Background materials Topic(s): Bank notes
July 28, 2022

Understanding seigniorage

At the Bank of Canada, we cover the cost of day-to-day business with “seigniorage,” which means earning money from issuing bank notes.
Content Type(s): Explainers Topic(s): Bank notes