Ms. Marie-Josée Lambert (Director, Crown Corporations and Currency, Financial Sector Policy Branch, Department of Finance) at the Finance Committee

Good evening.

Canadians need secure banknotes that they can use with confidence and pride.

Removing the legal tender status of banknote denominations that are no longer issued by the Bank of Canada and hardly ever used, such as the $1,000 banknote, would have no impact on most Canadians.