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CA-K071Economy & trade

The one-dollar “loonie” was introduced in 1987

A common loon on a lake in eastern Ontario; the bird pictured on the coin, not a photograph of the coin.
A common loon on a lake in eastern Ontario; the bird pictured on the coin, not a photograph of the coin. Gavia immer Common loon 4910 · ImagePerson · Photo source · Photo licence: CC BY 4.0. Resized for display; item previews may be cropped. The image remains under the licence shown.
Factual accuracy review: No recorded challenge

No recorded challenge is not proof of accuracy. A challenge under review is not a finding that the item is false.

Canada’s one-dollar coin was introduced in 1987 as a cost-saving measure to replace the one-dollar bill. It was soon nicknamed the “loonie” after the loon on its reverse, designed by wildlife artist Robert-Ralph Carmichael.

Scope & context

The circulation one-dollar coin, not the two-dollar coin or commemorative and collector versions.

Sources behind this record

1
1 dollar ↗

Royal Canadian Mint

Striking in its Solitude – the 1-dollar Coin, familiarly known as the 'loonie'