Will Canada see a new face on coins following the coronation?
With the coronation of King Charles III, might Canadians see a brand new face on their cash and payments within the close to future? Ottawa has but to make that call.
Since the demise of Queen Elizabeth II in September, the Liberal authorities has been quiet about its intentions to place the King on Canadian foreign money.
Professor Jonathan Malloy from Carleton University says he believes the federal government is having a tough time with this resolution as a result of Canadians are ambivalent concerning the monarchy.
“It’s a dilemma. Whatever it does, it is going to offend some people. By putting Charles on the currency, a lot of people won’t like that or by leaving him off, people won’t like it either. I can see why they are having trouble making this decision,” defined Malloy.
Moves are various throughout the commonwealth. New Zealand’s reserve financial institution says it’s ready to alter out the picture of Queen Elizabeth for a design authorised by the King, however Australia determined to not place King Charles on their new five-dollar invoice.
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Both the Bank of Canada and the Royal Canadian Mint confirmed to MetropolisNews that they can not touch upon attainable designs or processes till the federal authorities comes to a decision.
A spokesperson for the Minister of Finance tells MetropolisNews that further particulars on this matter are forthcoming.
Jasmine Allen from Gatewest Coin in Winnipeg says she doesn’t see Canadians eager to pay out of pocket, to transition to Charles.
“For the coins and paper money in particular, you have to make new prints, new dyes, all that kind of stuff. It costs money to do the designs. It costs money for someone to take the time and actually go through the process with the Crown to get all the approvals for all the Charles epigeous and all that kind of stuff,” defined Allen.
“I mean it’s such a tradition to always have that ruling monarch on the coins. I do think they should continue that.”
Over the previous few years, calls have grown throughout the nation to put Indigenous icons on Canadian foreign money, particularly putting Indigenous conflict her Sergeant Tommy Prince on the $5 invoice.
“I have a huge appreciation for Metis and Aboriginal culture in general,” said Allen. “I think it wouldn’t hurt to have something a little more mainstream for something like that, yes.”
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