On May 6, 2023, the Government of Canada announced that the next $20 bank note will continue to feature a portrait of the reigning monarch, King Charles III. Learn what we know so far, and what’s next.At the coronation of His Majesty King Charles III, the Government of Canada announced that the next $20 bank note will continue to feature a portrait of the reigning monarch.The Minister of Finance has now also confirmed that the Canadian National Vimy Memorial will remain on the back of the note.We’ve since started the design process for the next $20. This includes historical and visual research and talking to experts and the Bank’s Indigenous Advisory Circle.What we knowThe new note will be polymer, predominantly green and vertical in orientation.It will feature a portrait of King Charles III on the front.The back will continue to feature the Canadian National Vimy Memorial.Cash remains an important payment method for Canadians and the $20 is our highest circulating note. As such, we’ll...
