Portrait of the new king on Canada's banknotes
As well as commemorative coins and stamps in honor of Charles III.
The federal government has instructed the Bank of Canada to create a new CAD 20 bill: now Queen Elizabeth II is depicted on such bills, but soon Charles III will take her place.
The announcement was made in a press release by Canadian Prime Minister Justin Trudeau after speculation as to whether Canada would follow act just as Great Britain and honor the new monarch by placing him on money.
Coins and stamps
The Royal Canadian Mint has also received an offer to create coins depicting the new king that will go into regular circulation.
The reigning monarch first appeared on paper money in 1935 and on coins in 1908.
President and CEO of the Royal Canadian Mint, Marie Lemay, told the media that the process of making the official effigy of Charles that will adorn Canada's currency has several steps. First the Mint will have to invite artists to express interest and submit proposed designs. Once one is chosen, it will need to be finalized and approved by Buckingham Palace.
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