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
Canadian silver dollar Canadian silver dollar The Canadian silver dollar was first issued by the Royal Canadian Mint in 1935 to commemorate the Silver Jubilee of King George V. The coin's reverse design was sculpted by Emanuel Hahn and portrays a voyageur and a person of Indigenous descent paddling a birch-bark canoe. The faint lines in the background represent the Northern Lights. The voyageur design was used on the dollar until 1986. It was then replaced with the 1987 Canadian 1-dollar coin (colloquially known as the "loonie"). 1967 marked the end of the silver dollar as a "business strike", or a coin issued