News from July 2010
A man pays his taxes with a lot of pennies
Tuesday, July 20, 2010
Normand Czepial appeared at City Hall on Wednesday with a children's pool filled with 213,625 pennies, or a little over $ 2,000.
He wanted to protest against the increase of 95% of his taxes. The Mayor of Ripon, Luc Desjardins, was extremely surprised.
Despite the stunt, Mr. Czepila will still need to find another way to pay his tax bill because under the Currency Act, a municipality isn't obliged to accept more than 25 1-cent coins.
Yves Soucy, LeDroit
First annual public meeting by the RCM
Tuesday, July 13, 2010
Thursday, July 15, 2010, from 2:00 p.m. to 4 p.m., the general public and members of the media are invited to attend the Royal Canadian Mint's first annual public meeting.
The meeting will take place in Saint Jogn, New Brunswick, with :
- James B. Love, Chairman of the Board of Directors
- Ian E. Bennett, President and CEO
- Marc Brûlé, Vice-President of Finance and Administration and Chief Financial Officer
- Patrick Hadsipantelis, Vice-President of Marketing and Communications
The Mint's annual public meeting will also be webcast on www.mint.ca
For further information: Christine Aquino, Director, Communications, Royal Canadian Mint, (613) 993-9999, aquino@monnaie.ca
New circulating 1-dollar coin
Tuesday, July 13, 2010
A new one-dollar circulation coin immortalizing the centennial of the Canadian Navy was unveiled recently by Her Majesty Queen Elizabeth II, Queen of Canada and Commander-in-Chief of the Canadian Forces. The unveiling took place at a luncheon celebrating the 100th anniversary of the Canadian Navy.
The Mint will produce seven million one-dollar Canadian Navy Centennial commemorative circulation coins, which will begin circulating today and Canadians are encouraged to look for this special coin in their change, or order it online by visiting www.mint.ca/navy.
The Mint recognizes the distinguished 100-year history of the Canadian Navy and is delighted to issue a commemorative circulation coin which honours the men and women who bravely served and continue to serve in Canada's naval service. We are pleased that by collecting this coin, millions of Canadians will have a permanent reminder of their century of achievement.
- Ian E. Bennett, the Mint's President and CEO.
The Government of Canada is proud to join Canadians in saluting the men and women who have served in Canada's Navy with loyalty and courage over the last 100 years. This commemorative circulation coin is an excellent way for Canadians from coast to coast to coast to preserve the memory of the Canadian Navy's steadfast defence of Canada's values and principles.
- Rob Merrifield, Minister of State (Transport).
The naval centennial commemorative circulation coins will create a public awareness of the role that the Canadian Navy has played over the past 100 years. The coins are visible, practical reminders that the country is served, in both war and peace, by the men and women of the naval service who safeguard Canada and its values.
- Vice-Admiral Dean McFadden, Chief of the Maritime Staff.
The reverse of this coin, designed by Nova Scotia artist Bonnie Ross, features a Halifax-class Frigate flanked by a 1910 naval serviceman and a contemporary female naval officer. An anchor at the top of the design symbolizes Canada's naval service. Ms. Ross is an accomplished artist who has designed several Royal Canadian Mint collector coins, including the Three-Masted Ship and Brigantine coins from the 2005-2007 Fine Silver Tall Ships series.
The coin's obverse bears the effigy of Her Majesty Queen Elizabeth II, created by celebrated Canadian portrait artist Susanna Blunt and first introduced on Canada's coinage in 2003.
A complete collection
In addition to releasing this commemorative circulation coin, the Mint is honouring the legacy of the first 100 years of the Canadian Navy with a selection of sterling silver coins featuring the famous corvette HMCS Sackville launched in January 2010. This includes:
- a 2010 Proof Silver Dollar at $52.95 CDN (mintage of 50,000);
- a Brilliant Uncirculated Silver Dollar at $46.95 CDN (mintage of 30,000); and
- a selectively gold-plated Proof Silver Dollar exclusive to the 2010 Proof Set at $109.95 CDN (limited to 55,000 sets)
New bank notes signature
Monday, July 12, 2010
Tiff Macklem has been appointed Senior Deputy Governor for a term of seven years beginning 1 July, 2010. As Senior Deputy Governor, his name will appear on canadian bank notes (Macklem-Carney).
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