Ottawa – The image of King Charles will eventually replace the queen on Canada’s $20 bill and its coins, the federal government announced during Saturday’s coronatio events. A news release from Prime Minister Justin Trudeau says the federal government has directed the Bank of Canada to replace the likeness of the late Queen Elizabeth II with King Charles III during the next design process. It has also tasked the Royal Canadian Mint with designing coins depicting the new monarch that will go into circulation. Canada Post also released its first regular-circulation stamp featuring King Charles as monarch. It continues the corporation’s tradition of issuing definitive stamps depicting the Canadian sovereign, dating back more than 170 years.
