It’s been a full year since the coronation of King Charles III, and 20 months since the death of his mother, Queen Elizabeth II. But the Bank of Canada has just announced that a new $20 bill featuring the King’s likeness is still almost three years away, and won’t be issued until early in 2027.

The federal government already announced at the coronation that King Charles would feature on the new $20 bill, with the Canadian National Vimy Memorial remaining on the back of the banknote.

Historical and visual research and development, design, production, testing, unveiling and education all take time, the Bank says{ai:summary}<p>The delay in issuing the new $20 bill featuring King Charles III has caused frustration among Canadians, who expected its release sooner after the coronation. Despite the government's initial announcement, the banknote won't be in circulation until early 2027. #economy #history</p>

King Charles won't be on the $20 bill until 2027, Bank of Canada says

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