Cryptocurrency Q&A
Why did Canadians reject a five dollar coin?
Why did Canadians reject a five dollar coin?
HanjiArtistry
Fri Jan 17 2025
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7
answers
1812
Canadians were presented with the idea of a five dollar coin, but they ultimately rejected it. I'm curious to know the reasons behind their decision. Why did they not welcome this new denomination?
7 answers
SumoPowerful
Sun Jan 19 2025
The year 2005 marked a significant proposal by the Canadian government.
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HanjiArtistryCraftsmanship
Sat Jan 18 2025
They believed that producing coins would be more cost-effective than printing notes.
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BitcoinBaron
Sat Jan 18 2025
They considered retiring the five-dollar note from circulation.
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SsamziegangSerenadeMelody
Sat Jan 18 2025
The savings from this change were intended to support the Canadian Olympic team.
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DigitalEagle
Sat Jan 18 2025
This note was to be replaced by a five-dollar coin.
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