2 Dollars - Charles III 30th Anniversary of the Toonie

Canada's two-dollar coin — universally called the "toonie" — entered circulation in February 1996, replacing the paper note of the same denomination as part of an effort to reduce production costs, since coins last roughly twenty times longer in circulation than paper currency. This 2026 issue marks thirty years since that introduction. The bimetallic construction was itself a deliberate anti-counterfeiting measure at launch, though within a few years counterfeiters had figured out that the core could be punched out and replaced — a vulnerability the Royal Canadian Mint addressed with a redesigned interlocking ring in 2012.