Senior criticizes new money

The Bank of Canada may foil the counterfeiters, but until they stop circulating “sticky” money, the consumer is the loser.

To the Editor,

The Bank of Canada has issued new format paper money in a bid to foil counterfeiters.

But in it’s newly issued state it could, maybe already has, become a big loser for Canadian consumers. I have witnessed a few transactions where the purchaser unwittingly tries to pay two or three times the cost of items selected in their shopping carts.

In one situation, a shopper had selected nearly fifty dollars worth of goods and gave the cashier what she thought was a fifty dollar bill.

But the cashier, probably already aware of the poorly formed bills, carefully separated what was actually three 50 dollar bills.

I later told a clerk at another store checkout counter about this.

I then paid for my own purchase with a new twenty dollar bill, which the clerk promptly pulled apart to reveal two twenties.

She then showed me why the bills stuck together. Touching the sides of the twenty revealed a light adhesive.

The Bank of Canada may foil the counterfeiters, but until they stop circulating “sticky” bills, the consumer is the loser.

Harold Hamilton,

Port Alberni