It was December ’24, when the Bank of Canada officially announced that TERRY FOX would be on the new $5 bill. He’ll replace Sir Wilfred Laurier.  Terry was chosen from a short list of eight iconic Canadians!  In the end, it was TERRY FOX as the clear winner. 

The question is – when will we see the new $5 bill.  The process of designing a new bank note takes a few years.  There’s ‘research and development’ / ‘design’ and ‘production’.  According to The Bank of Canada, the new $5 bill will enter circulation after the new $20 bill in early 2027. 

We all know Terry’s story.  Considered by many to be a true hero, campaigning to raise awareness and money for Cancer research by running his Marathon of Hope. 

There’s already chatter of the new bill having a nickname: “The Terry Fox FIVER”!