It will be able to remove other notes in the future as needed. The government currently has no plans to take any bank notes other than the $1, $2, $25, $500 and $1,000 notes out of circulation. 1966 100 red seals are more common than 1966A 100 bills. They are affordable and they are strikingly different from the standard green seal small face 100 bills. Small size red seal one hundred dollar bills are very popular. It also guarantees they are always easy to spend since recent notes are more recognizable to merchants. One hundred dollar bills with red serial number and red seals can be from two different series: 1966 1966A. Having the power to remove legal tender status from bank notes is a way to complete their removal from circulation and to help ensure that Canadians have access to the most current and secure bank notes. The Minister of Finance is responsible for both the Bank of Canada Act and the Currency Act, and the changes made to allow the removal of legal tender status from bank notes were initiated by the Minister in consultation with the Bank of Canada and other agencies. Amendments to the Bank of Canada Act and the Currency Act approved by Parliament in 2018 gave the Government of Canada the power to remove legal tender status from bank notes-something it could not do before.
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