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
Commemorative coins of Canada the Voyageur one dollar coin, was issued in 1935 to commemorate the twenty-five years of King George V's reign. It featured a voyageur (French-Canadian fur trader) and an indigenous man, paddling a birch-bark canoe laden with furs, with the northern lights in the background. Although intended as a commemorative coin, it continued to be issued until 1986, the year before the Loonie was introduced. For information on the Voyageur dollar, see: Voyageur dollar. In 1987, the Mint introduced a new one dollar coin. It normally features a loon on the reverse. Nicknamed the "loonie", it replaced both the one dollar