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Time to let go of your old one-dollar and two-dollar bills on New Year's Eve
BY , Dec 31, 2020 5:38 PM - REPORT AN ERROR
Starting in the new year, some bank notes made between 1935 and 1986 will no longer have legal tender status.(Photo - Flickr/B.C. Government)
If you've been holding on to old one- and two-dollar bills, today is your last chance to spend them in a store.
Starting in the new year, some bank notes made between 1935 and 1986 will no longer have legal tender status.
They can still be redeemed or deposited for their face value at a bank.
The policy change only covers notes that are no longer being produced, including 25, 500 and 1,000 dollar bills.
The Bank of Canada says the affected notes are so rare that they are hardly seen or recognized by store clerks anyway, and some are
worth more to collectors than in circulation.
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