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Role

The Currency Department is responsible for designing and issuing bank notes that Canadians can use with the highest confidence. It collaborates with other central banks to identify counterfeit threats and common solutions, and regularly designs and issues new series of bank notes to ensure that they are of the highest security. A communications program is aimed at fostering awareness of the security features so that the general public, financial institutions, and the retail sector can confidently recognize and use genuine bank notes. The department also supports the work of law enforcement and prosecutors in efforts to curtail counterfeiting. The distribution of bank notes is handled by Canada's financial institutions, but is overseen by the department. The department is also responsible for managing the Bank's Currency Museum, which is custodian of the internationally recognized National Currency Collection.