Commemorative coins of Canada note issued by the Bank of Canada and the Voyageur dollar. For the list of commemorative one dollar coins issued by the Mint since 1987, see: Loonie. The fifty cent coin has borne the Canadian coat of arms on its reverse since the current coin designs were introduced in 1937. There were minor changes to the design of the arms in 1959, when the depiction of the arms was simplified. As well, the Queen suggested that the Tudor crown on the arms be replaced with the crown of St Edward the Confessor. Although a circulating coin, the fifty-cent coin is
Trillion dollar coin the other hand, many economists and business analysts endorsed the coin as a way to counter threats by congressional Republicans to force the country into default by refusing to raise the debt limit. Paul Krugman said "So minting the coin would be undignified, but so what? At the same time, it would be economically harmless — and would both avoid catastrophic economic developments and help head off government by blackmail." He also declared the trillion dollar coin debate to be "the most important fiscal policy debate of our lifetimes". Michael Steel, spokesperson of House Speaker John Boehner, dismissed the concept