Catalog
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| Issuer | Bank of Canada / Banque du Canada |
|---|---|
| Year | 1988 |
| Type | Standard circulation banknote |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | CANADA PINE GROSBEAK GROS-BEC DES PINS 1000 |
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| Protection type | Security thread, Watermark |
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| Comments |
The 1988 $1,000 note was discontinued in May 2000 when the federal government, acting on RCMP and FINTRAC pressure, directed the Bank of Canada to stop distributing it. The concern was straightforward: at that denomination, the bills had become the preferred large-value instrument for organized crime and money laundering. Existing notes remain legal tender but are actively withdrawn from circulation whenever they surface at financial institutions — which is why the overwhelming majority of surviving examples come from collections rather than cash drawers.
The dual-printer credit reflects a long-standing arrangement between CBN and BABN that divided federal banknote contracts; both were Ottawa-based operations for most of their history.