BEGINNING IN NOVEMBER 2011, another bastion of the Canadian pulp and paper industry fell by the wayside joining sulfite pulp and greenfield newsprint mills. The Bank of Canada began issuing polymer banknotes, beginning with the $100 bill. In March, the new $50 bill will be introduced. By late 2013, the last of the paper bills, $5, $10 and $20, will be phased out. The Bank phased out the $ 1 and $2 bills long ago in favor of the now famous metal "Loonie" ($1 coin) and"toonie" ($2 coin).
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