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Bank of Canada Governor Tiff Macklem unveiled the new, vertical bill featuring a portrait of King Charles on Thursday in Ottawa. It's the first Canadian bank note to feature Charles, whose image replaces that of the late Queen Elizabeth II.<br><br>In a news conference, Macklem called the unveiling "historic." It's been more than 70 years since a new monarch appeared on a Canadian bank note. The late Queen Elizabeth II first appeared on the Bank’s inaugural $20 note in 1935 as a young princess, Macklem added.<br><br>Two years later, in 1937, the bank's bilingual series featured King George on most of its bills. By 1954,  [http://willfoedfe233.com http://willfoedfe233.com] with its landscape series, every note carried the portrait of Queen Elizabeth II, until now.<br><br>The new bill is also historic because it "features security technologies never before used on a Canadian bank note," he said.<br><br>"Our new $20 note is both visually stunning and more secure than ever."<br><br>The new note is polymer, predominantly green and vertical in orientation. The Canadian National Vimy Memorial remains on the back. Charles is centred on the front.<br><br>The new note will gradually enter circulation in late February 2027.