Originally Posted by stephengfm
Are they harder to counterfeit?
I haven't tried to counterfeit the paper or plastic bills, but I would assume the answer is yes.
The new plastic bills introduce the ability to have see through portions of the bill, and they do have portions that are see through. Additionally, they have included other resistant technologies from previous paper bills that make it more difficult. (ie. holograms)
Canadian currency is among the most technologically advanced in the world, but it is still fiat currency and as such, is not worth the paper it's no longer printed on.
Something the Canadian mint has been talking about, which actually is starting to cause a stink is the "mint chip". They are looking to digitize coinage and put it on a debit card. It's supposed to maintain the anonymity of coinage, but we all know digital transactions can/will be traced.