The 1988 $1000 bill is reddish purple, with
rose, yellow and olive tints.
Elizabeth II, the north side of the Centre Block
of the Parliament Buildings and the
library in Ottawa on the face side.
The Canadian Maple Leafflag flies above the Peace Tower.
The number "1000" appears on the optical device in the top left corner.
A landscape with a pretty
Grosbeak is on the back.
Official First Day of Issue: May 4,
1992 Official Last Day of Issue: May 11, 2000
On February 18th 2000, the Bank of Canada
announced that the $1,000 note was to be permanently retired from
circulation. The Bank cited increased counterfeiting (yes, there are a few
people crazy enough to counterfeit the G-note!) and problems associated
with money laundering and other related illegal activities. The presence
of a high-denomination note makes the transportation of large sums of
money very easy. Drug traffickers in particular have taken considerable
interest in our $1,000 note in recent years. The U.S. Treasury stopped
issuing notes in denominations over $100 for circulation in 1969 for
exactly these reasons.
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