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Are you ready for the foonie to join the loonie and toonie?

Barriere Mayor Ward Stamer has a novel idea to replace the $ 5 bill with a mint featuring First Nations symbolism. Canada first had a canadian dollar, then came the toonie .
A regional politician looking to succeed Cathy McLeod as the sphere ’ s adjacent MP has a novel estimate to replace the $ 5 bill with a coin featuring First Nations symbolism .
The name of the modern proposed coin, however, may need a small work : the foonie ?

“ I have no idea, ” Barriere Mayor Ward Stamer told KTW when asked what his proposed $ 5 mint would be called. “ That ’ s wholly up to the people. I ’ d love for everybody to run with it. ”
Stamer, one of four people seeking the Kamloops-Thompson-Cariboo Conservative nominating speech in the adjacent federal election, said his theme for a coin to replace the $ 5 bill came as a means to recognize First Nations .
“ none of our money rightfully is particular for our autochthonal peoples, not one, ” Stamer said. “ And I thought, why not have something like that because it ’ second going to be about for a long clock ? ”
As for those who would prefer Prime Minister Laurier remain on the $ 5 poster ?
“ well, if it ’ s such a bad deal, you could have a placard where you have four or five prime ministers on it, for crying out brassy, ” Stamer said. “ I ’ megabyte not one for natural culture, but barely because his face is on it today doesn ’ thyroxine beggarly it has to be on there tomorrow. ”
Stamer had made a prototype drawing depicting what the proposed $ 5 mint could look like.

The plan includes a fish and a hole in the middle in the form of a maple leaf. Animals are commonplace on canadian coins and Stamer noted pisces are symbolic to First Nations peoples. He said older money had holes in the middle, used by people to string coins around their necks and keep it dependable. In accession, he said the hole would be a metaphor because looking through the mint could represent looking to the future. Every time one went into their pocket to pay for something, Stamer said, the mint would provide a admonisher .
“ There ’ s one person who said, ‘ Oh, it ’ mho tokenism, ’ ” he said. “ No, it ’ s not because what it does is, it starts the conversation and it reminds you of something … whether it ’ sulfur what we ’ re talking about right now with residential schools and thus many people not in truth understanding what happened. I graduated 40 years ago. We didn ’ thyroxine get taught actually what went on in residential schools and the socio-economic impacts that occurred there for the people. ”
Stamer said he does not know if the Royal Mint is considering a $ 5 coin in place of polymer bills presently in circulation .
however, he said if there is patronize for such an first step, he doesn ’ t see why it wouldn ’ t come to fruition. If he manages to win the conservative nominating speech and be elected as MP, Stamer said he will take the $ 5 mint estimate to Ottawa through a private member ’ south bill .
In addition to honouring First Nations, Stamer pointed out that a $ 5 coin would be less expensive in the long run as it will outlast even the most advanced polymer bank notes now in circulation.

Did you know?

• The canadian dollar replaced the canadian dollar placard in 1987. The canadian dollar has 11 sides, weighs 6.27 grams and is 1.95 millimetres in thickness .
• The toonie replaced the canadian $ 2 bill in 1996. The cycle coin weighs 7.3 grams and is 1.8 millimetres in thickness. An add bonus is that the toonie can be used to check the tread on your tires .

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Category : Economy

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