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The $1,000 note was withdrawn by the Bank of Canada on 12 May 2000, at the request of the Royal Canadian Mounted Police (RCMP) as part of a program to reduce organized crime. [18] At the time, 2,827,702 of the $1,000 bills were in circulation; by 2011, fewer than 1 million were in circulation, most held by organized crime. [18]
Printing of the $1,000 note ceased in 2000. The denomination was withdrawn on the advice of the Solicitor General and the Royal Canadian Mounted Police (RCMP), as it was often used for money laundering and organized crime. [5] The Bank of Canada has requested that financial institutions return $1,000 notes for destruction. [6]
This was the first new $1000 bill printed since the 1954 Canadian Landscape series. The banknotes were often referred to as "pinkies" because of their colour. [15] On average, a $1000 banknote remained in circulation for 13 years [15] owing to its infrequent use. It was released on 4 May 1992. [33]
There are many $1,000 banknotes or bills, including: One of the withdrawn Canadian banknotes; One of the withdrawn large denominations of United States currency; One of the banknotes of the Hong Kong dollar; One of the withdrawn Singapore banknotes; One of the Fifth series of the New Taiwan Dollar banknote; One of the banknotes of Zimbabwe
The Canadian dollar (symbol ... adopted in Canadian parlance to distinguish the Canadian dollar coin from the dollar bill. ... $25, $50, $100, $500 and $1000.
Once upon a time, though, $500, $1,000, $5,000, $10,000 and $100,000 bills were in circulation. After the last printing of those denominations in 1945, the Treasury Department and the Federal ...
The $1000 banknote was issued several years later, as it was primarily used by chartered banks, which had a sufficient supply of the 1935 Series $1000 banknote. [ 3 ] This was the first series of bilingual Canadian banknotes, [ 4 ] as the 1935 Series was a dual-language series with French banknotes issued in Quebec and English banknotes issued ...
The current 100-dollar note was put into circulation through major banks in November 2011, made of a durable polymer instead of the traditional paper notes. [1] The notes are dominantly brown in colour; the front design of the note features former prime minister Robert Borden and the design on the back depicts the discovery of insulin .