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This guest post is provided by Bank Guru from BankNerd.ca, a Canadian website dedicated to helping Canadian consumers learn more about the banking world. Follow them on Twitter, Facebook or join their newsletter.

A few weeks ago the Bank of Canada unveiled their new Canadian polymer bank note, which is expected to be in full circulation, in all denominations by the end of 2013.

These new bank notes are in fact plastic bank notes, otherwise known as polymer bank notes.