The Toonie - $ 2
We finally come to the toonie which is the last coin in the Canadian dollar. For some time I thought the word toonie was supposed to be written as "Twonie" since it represented $ 2. It was only after some research that I found out more about that coin. The toonie like all the coins discussed so far also bears the Queen on its obverse while its reverse bears polar bear.
Just like the loonie, the toonie has been given a new look to prevent the counterfeits. These add-on include a relocation of the written part on the coin, 2 maple leafs logo, and another engraving near the top. Its inner ring is mostly made from bronze while the outer ring is made from nickel. I also want to mention that the toonie is the largest, thickest and heaviest among all the coins. The edge is partly rimmed and has the words "2 DOLLARS" engraved on it.
Today on the university campus, the toonie is very popular and its popularity has gone through a hike thanks to the price of bottled pop that increase some years ago from $1.75 to $2. Canned pop also becomes affordable whose prices range between $1 and $1.25. However you still cannot use it to top up the library card with a minimum of $2. It is also the amount of money that would allow you to get a decent snack such as chocolate bars at prices ranging between $1.50 to $1.75. However even the smallest fries would be unobtainable due to prices set at $1.89 before the 13% taxes.
Higher grade articles at dollar store become more accessible but with price increasing almost every year, I can only see that the dollar stores would have articles starting at $2. I mean they already have most of their articles at $1.25 and it can only increase in my opinion. However to be optimistic, I would say they should maintain it at $1 this is what makes the stores so unique.
Over the next days to come, things are going to be more serious as we move towards "Big Money". There is no longer the need to talk about cents as the denomination is going to increase substantially till we reach the highest domination of the Canadian dollar.
Left to right: new design, old design
Today on the university campus, the toonie is very popular and its popularity has gone through a hike thanks to the price of bottled pop that increase some years ago from $1.75 to $2. Canned pop also becomes affordable whose prices range between $1 and $1.25. However you still cannot use it to top up the library card with a minimum of $2. It is also the amount of money that would allow you to get a decent snack such as chocolate bars at prices ranging between $1.50 to $1.75. However even the smallest fries would be unobtainable due to prices set at $1.89 before the 13% taxes.
Higher grade articles at dollar store become more accessible but with price increasing almost every year, I can only see that the dollar stores would have articles starting at $2. I mean they already have most of their articles at $1.25 and it can only increase in my opinion. However to be optimistic, I would say they should maintain it at $1 this is what makes the stores so unique.
Over the next days to come, things are going to be more serious as we move towards "Big Money". There is no longer the need to talk about cents as the denomination is going to increase substantially till we reach the highest domination of the Canadian dollar.
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