Canadian paper money to become plastic

kaciara

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OTTAWA, March 5 (UPI) -- Canada's paper and cotton $10 and $20 bills will be replaced late next year with longer-lasting plasticized versions, the government announced in Ottawa.

As part of the federal budget released by Finance Minister Jim Flaherty in parliament Thursday, the move to more durable currency was revealed as a means to extend the life of bills by as much as three times, the Globe and Mail reported Friday.

Australia was the first country to go the plastic money route, and Bank of Canada spokeswoman Julie Girard said there are several factors that make it a good investment.

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http://www.upi.com/Top_News/Interna...r-money-to-become-plastic/UPI-86771267804558/
 
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