2 dollars
Balance and Composition – the 2-dollar Coin
The 2-dollar coin, or 'Toonie', as Canadians have named it, features the image of an adult polar bear in early summer on an ice floe. It was designed by wildlife and landscape artist Brent Townsend. The 2-dollar coin was first introduced on February 19, 1996, to replace the 2-dollar bill. The 'Toonie' has a life span approximately 20 times longer than paper currency and is manufactured using a distinctive bi-metallic coin locking mechanism patented by the Royal Canadian Mint.
Over 1 billion circulation coins are minted each year at our high-tech plant in Winnipeg. We not only produce all of Canada’s circulation coins, we also manage the national coin supply – from weekly forecasting, to production, to recycling and eventual retirement.