Border agents have intercepted tens of thousands in counterfeit currency from China

according to Jonathan McGrath, CBSA intelligence manager for Nova Scotia, and Newfoundland and Labrador.Officials have previously discovered counterfeit Canadian currency in the country with links to China.

In December 2023, RCMP seized hundreds of notes in PEI that included $100, $50 and $20 notes. The currency had Chinese symbols on it.
In 2022, RCMP charged one individual after police seized more than 10,000 counterfeit toonies in the Toronto area.
It is suspected that additional counterfeit coins made their way into the currency system.

The counterfeit coins have a “split-toe” on the right front paw of the polar bear, resembling a claw, RCMP said.Authentic Canadian bills have the following security features: the words “Bank of Canada”/“Banque du Canada” are raised and can be felt, the colour in the metallic portrait in the transparent window changes if the bill is tilted, the image in the metallic portrait in the transparent window will match the portrait on the front of the bill, and the numbers in and around the large window will match the value of the note.

CFIB also said authentic Canadian bank notes will have maple leaves around the border of the large window, and the frosted maple leaf window will have a transparent outline. The word “Canada” will also feel a little raised, according to CFIB.https://tinyurl.com/35knbs7s