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

Just Posted

Lack of security: why Vancouver Island food production is on the decline

Big Read: agriculture a big, expensive commitment as advocates push to make us more food secure

Port Alberni campground featured in BC Ferries Vacations

China Creek Campground in the Alberni Valley will be highlighted as part… Continue reading

City of Port Alberni puts money into park improvements

Roger Creek, Blair parks receiving upgrades this spring, summer

City of Port Alberni ponders social development

Social planning commission would outlast councils

UPDATED: Nuu-chah-nulth First Nations ready to negotiate for fishing rights

Nations call on federal gov’t to settle fishing rights ‘within the true meaning of reconciliation’

VIDEO: Moose found licking salt off B.C. man’s pickup truck

Tab Baker was in his garage in Prince George when the small moose gave his truck a clean

New spill response bases on hold as pipeline paused

Future of six new bases, 125 jobs, on Vancouver Island in limbo over Kinder Morgan decision

Austin Powers ‘Mini-Me’, Verne Troyer, dies at 49

Facebook page confirmed his death Saturday afternoon

Alberta man dead after snowmobile collision on B.C. mountain

The incident occurred on Boulder Mountain Friday morning

B.C. parents grieving teen’s overdose death say it started with opioid prescription

Elliot Eurchuk, 16, died at his Oak Bay home Friday, after taking street drugs

16 of 20 fastest improving B.C. schools are public: Fraser Institute

Independent elementary schools remain at top of the chart in think tank’s annual report card

UPDATED: 1 person dead after highway crash in Nanoose Bay

Accident happened just before 4 p.m. near Hillview Road

NAFTA: Talks continue through weekend in scramble to get a deal

Foreign Affairs Minister Chrystia Freeland called negotiations ‘perpetual’

Pulp mill fined $900,000 for leaking effluent into B.C. lake

Mackenzie Pulp Mill pleaded guilty to depositing deleterious substance into water frequented by fish

Most Read