Loonie with a Robert-Ralph Carmichael design of a common loon floating in water. The coin was immediately nicknamed the "loonie" across English Canada, and became known as a "huard", French for "loon", in Quebec. The loonie entered circulation on June 30, 1987, as 40 million coins were introduced into major cities across the country. Over 800 million loonies had been struck by the coin's 20th anniversary. Two years after the loonie's introduction, the Bank of Canada ceased production of the dollar banknote. The final dollar bills were printed on June 30, 1989. Initial support for the coin was mixed, but withdrawing
Trillion dollar coin placed by former Fed Chair Ben Bernanke or one of the 12 Presidents of the regional Federal Reserve Banks. Former Director Diehl disagreed with Moy concerning a platinum bullion coin but agreed with Moy that a proof platinum coin would be a problem for the Fed. Diehl reiterated his view that "I certainly think [minting a trillion dollar coin] is inferior to raising or eliminating the [debt] limit but it's far better than defaulting and suffering the consequences of doing so." Trillion dollar coin The trillion dollar coin is a concept that emerged during the United States debt-ceiling crisis in