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- Canadian $1,000 bills12:
- Printing of the $1,000 note ceased in 2000.
- The denomination was withdrawn due to its use in money laundering and organized crime.
- As of January 1, 2021, $1,000 bills are no longer legal tender.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.As of January 1, 2021, the $1, $2, $25, $500 and $1,000 bills from every Bank of Canada series are no longer legal tender. These bank notes have not been produced in decades, so the decision to remove them from circulation has had little impact on most of us.www.bankofcanada.ca/banknotes/about-legal-tender/Printing of the $1,000 note ceased in 2000. The denomination was withdrawn on the advice of the Solicitor General and the Royal Canadian Mounted Police (RCMP), as it was often used for money laundering and organized crime. The Bank of Canada has requested that financial institutions return $1,000 notes for destruction.en.wikipedia.org/wiki/Withdrawn_Canadian_bankn… - People also ask
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Clock ticking on old Canadian banknotes' legal tender …
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