Loonie the banknote forced acceptance of the coin. The loonie has subsequently gained iconic status within Canada, and is now regarded as a national symbol. The term "loonie" has since become synonymous with the Canadian dollar itself. The town of Echo Bay, Ontario, home of Robert-Ralph Carmichael, erected a large loonie monument in his honour in 1992 along the highway, similar to Sudbury's 'Big Nickel'. Officials for the 2002 Salt Lake Winter Olympics invited the National Hockey League's ice making consultant, Dan Craig, to oversee the city's E Center arena, where the ice hockey tournament was being held. Craig invited a
United States $1 Coin Act of 1997 nickels, paper dimes, paper quarters, and when they have coins for one-, two-, five-, ten-, twenty-, fifty-, even one-hundred-dollar bills, then I'll be convinced that they truly believe in giving choice to the American people—when we have a choice in every single piece of currency that we have. Where is the logic as to why only the one-dollar bill should be the only choice?" Kolbe also pointed to the success of Canadian loonie, which was extremely unpopular at the time it was introduced. He said that because of the US's antiquated currency system, more and more universities and other communities