The Bank of Canada has officially unveiled its new $20 bill, marking the first Canadian currency to feature King Charles III. The new polymer note replaces the image of the late Queen Elizabeth II, who had been a fixture on Canadian banknotes for decades. This change in imagery reflects the nation’s transition following the Queen’s passing. The bank confirmed the switch is a symbolic yet significant step in acknowledging the new monarch. Existing $20 bills featuring the Queen will remain legal tender. Further details about the design and rollout plan for the new $20 bill have been announced by the Bank of Canada. This marks a new era for Canadian currency, visually representing the reign of King Charles III.