2 Dollars

The 1974 $2 note was the last Canadian banknote to feature the Elizabethan portrait engraved by Charles Gordon Yorke, whose work defined the look of Canadian paper currency through much of the postwar period. The denomination itself was on borrowed time — the $2 bill would survive only until 1996, when the bimetallic "toonie" coin made it redundant.

Bouey served as Governor of the Bank of Canada during the inflation crisis years, a period when the purchasing power of this note eroded faster than any previous generation of Canadians had experienced.