Release of the $20 Bank Note - The Bank of Canada will begin circulating the new $20 bill, Canada’s most widely used bank note, on Wednesday, 7 November 2012. A ceremony to officially issue the new $20 note, which pays tribute to the contributions and sacrifices of Canadian men and women in all military conflicts, and features the Canadian National Vimy Memorial on the back of the note, will be held at the Canadian War Museum in Ottawa.