Coins of the Canadian dollar 9 (common). In 1973, an RCMP quarter came out; it also has two varieties: a large bust (rare) and small bust (common). In 1987, the loonie was introduced, replacing the voyageur dollar with a new design, new colour, and smaller size. This coin also replaced the $1 bill, which was subsequently withdrawn from circulation by the Bank of Canada. In February 1996, the $2 coin, or toonie, was released; it currently has three varieties. (Early examples had problems with the centres being punched out in circulation.) The toonie replaced the $2 bill. To date there have been four different obverse
Canadian dollar the Canadian dollar coin from the dollar bill. When the two-dollar coin was introduced in 1996, the derivative word "toonie" ("two loonies") became the common word for it in Canadian English slang. In French, the currency is also called ; Canadian French slang terms include or (the original word used in 18th-century French to translate "dollar") and (equivalent to "loonie", since is French for "loon," the bird appearing on the coin). The French pronunciation of (pronounced similarly to English as or , not like the word for hundred, or ) is generally used for the subdivision; is another, informal, term