We live during a time when we are flooded with misinformation. I hate that. I love honesty and truth. Well, in last Wednesday’s blog about finding $1,600 of old Canadian paper money in our safe, I went online to see if it was still valid, since the Canada now just has plastic bills. I found the website shown in the photo above and misunderstood what it said. I thought it meant that all old Canadian paper money no longer was legal tender after January 1st, 2021, and that is what I blogged.
On Friday, I was paying for the insurance on my truck and mentioned my “worthless” $1,600 to Rosemary in the insurance office. She told me that she thought that I was wrong, and my paper cash was still valid. She advised me to ask at the Credit Union, so I drove over there. There, the clerk assured me that those old paper bills were still legal tender. That left me really confused, so when I got back home, I checked again on the internet, and re-read what I had found there.
It was then that I discovered that the Canadian paper money that was no longer legal tender were just those dominations, that had been discontinued: One Thousand dollar bills, five hundred dollar bills, and two dollar bills, not the old paper money that I had. So happily, the cash I found is still good.
Like I said, I hate the flood of disinformation that is online, and I certainly don’t want to be the author of any, so I thought I should put it out there that I had been wrong, and old Canadian paper money in denominations of $1, $5, $10, $20, $50, and $100 are still valid
Take a look at my paintings: davidmarchant2.ca
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