Close X
Saturday, September 21, 2024
ADVT 
National

Royal Canadian Mint to start replacing image of late queen with King Charles

Darpan News Desk The Canadian Press, 14 Nov, 2023 11:45 AM
  • Royal Canadian Mint to start replacing image of late queen with King Charles

The Royal Canadian Mint will soon begin producing Canadian coins bearing the face of King Charles.

On the King's 75th birthday, the Winnipeg-based facility is set to showcase its design of the new British monarch that will appear on one side of all its coins, replacing the image of the late Queen Elizabeth II. 

The design by Canadian portrait artist Steven Rosati was chosen from among submissions by 350 artists. 

It was sent to Buckingham Palace for approval. 

Earlier this year, the federal government directed the mint and the Bank of Canada to replace the image of the queen with one of the King on coins and on the $20 bill. 

A spokesperson for the Bank of Canada says it has started the design process for the new bill, but it will likely be years before it's issued. 

"At this stage, it is far too early to be more precise about when the design of the note will be unveiled and when the note will begin to circulate," said Rebecca Spence. 

"The current $20 note will continue to circulate for years to come."

The monarch's effigy is to be pressed onto a loonie for the first time at the mint on Tuesday.

The mint said a small amount of 2023-dated coins with the King's likeness are to circulate in early December. 

Coin exchanges are set to take place later in the month at the mint's Ottawa and Winnipeg boutiques. 

Rosati has designed other coins for the mint, including six silver National Hockey League goalie coins and a 100th anniversary commemorative loonie in honour of the Toronto Maple Leafs. 

The mint previously released pure gold and silver collector coins to mark the King's coronation. 

The King ascended to the throne in September 2022, following the death of his 96-year-old mother, who reigned for 70 years. He celebrated the beginning of his reign with a glitzy coronation that was attended by world leaders including Prime Minister Justin Trudeau. 

All Canadian coins still in circulation with the queen will still be considered legal tender.

MORE National ARTICLES

B.C. sets out law to ban use of illegal drugs in many public places

B.C. sets out law to ban use of illegal drugs in many public places
British Columbia is setting out new rules as it attempts to navigate a way to curb the overdose crisis with drug decriminalization. Possession of small amounts of many illicit drugs was decriminalized in B.C. in January after the federal government issued an exemption, but legislation introduced by the province today would make their use illegal in many public spaces. 

B.C. sets out law to ban use of illegal drugs in many public places

'Extremely fluid': Liberals and NDP haven't yet agreed on promised pharmacare bill

'Extremely fluid': Liberals and NDP haven't yet agreed on promised pharmacare bill
The federal New Democrats have rejected the first draft of the Liberals' pharmacare legislation, in what the health minister describes as "extremely fluid" negotiations over the highly anticipated bill. The Liberals promised to table pharmacare legislation this fall as part of the supply-and-confidence deal the government struck with the NDP.

'Extremely fluid': Liberals and NDP haven't yet agreed on promised pharmacare bill

Victoria police looking for suspects in possible arson

Victoria police looking for suspects in possible arson
Police in Victoria say they're looking for two women who may have seen the suspect or suspects in a possible arson over the weekend. They say officers responded Saturday evening to reports of two fires inside a retail store, where staff used fire extinguishers to douse the initial flames.

Victoria police looking for suspects in possible arson

Man rams SUV into police cruiser

Man rams SUV into police cruiser
B-C's police watchdog has found a man who rammed his S-U-V into a police cruiser outside a Vancouver Island R-C-M-P detachment last spring was not seriously injured when he was hit by a single police bullet. One officer was also injured in the incident last May.

Man rams SUV into police cruiser

Champagne to announce initial commitments from grocers to stabilize prices today

Champagne to announce initial commitments from grocers to stabilize prices today
Industry Minister François-Philippe Champagne says he is ready to announce the initial commitments he has secured from grocers to stabilize food prices. The Liberal government called on Canada's major grocers last month to present a plan to stabilize prices by Thanksgiving, or face consequences.  

Champagne to announce initial commitments from grocers to stabilize prices today

Competition intensity has decreased over last two decades, Competition Bureau finds

Competition intensity has decreased over last two decades, Competition Bureau finds
Competition Bureau commissioner Matthew Boswell says new research from the bureau finds the competition intensity in the country has decreased over the last two decades. Boswell shared the initial findings of a new report during a speech he delivered Thursday at the Competition Summit, a conference hosted by the bureau.

Competition intensity has decreased over last two decades, Competition Bureau finds