Although the new money costs twice as much to produce, the Canadian government hopes to cut costs because they will not have to print bills that often and take old ones out of circulation. The country also boasts that it is doing something for the environment because such banknotes can be recycled.
However, there are also a number of disadvantages. Plastic banknotes are difficult to fold and put into your wallet and they are smoother. This makes money harder to count by hand.
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