The History of Canada’s Loonie and Toonie Coins

These coins not only serve as currency but also symbolize Canadian culture and heritage.

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The History of Canada’s Loonie and Toonie Coins

Canada’s coins are more than just pocket change—they’re national symbols with stories worth telling. The Loonie and Toonie, introduced in 1987 and 1996 respectively, didn’t just replace banknotes—they reshaped how Canadians see their money. From a lost voyageur design to a polar bear making headlines, these coins have become icons of Canadian culture. In this article, we’ll explore the fascinating history behind the Loonie and Toonie, why they were created, and how they became part of everyday life—and even Olympic folklore.

🪙 The Loonie ($1 Coin)

The History of Canada’s Loonie and Toonie Coins

Introduction Year: 1987
Design: Features a common loon on the reverse side, designed by artist Robert-Ralph Carmichael.
Composition: Originally 91.5% nickel; now a multi-ply brass-plated steel.
Nickname Origin: Named "Loonie" due to the loon depicted on the coin.

🪙 The Toonie ($2 Coin)

The History of Canada’s Loonie and Toonie Coins

Introduction Year: 1996
Design: A bi-metallic coin featuring a polar bear on the reverse side, designed by artist Brent Townsend.
Composition: Outer ring of nickel and inner core of aluminum bronze.
Nickname Origin: "Toonie" is a portmanteau of "two" and "Loonie."

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The History of Canada’s Loonie and Toonie Coins

🪙 The Loonie ($1 Coin)

🪙 The Toonie ($2 Coin)

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