Canada's New Coin Is In Circulation Right Now & Here's How To Get Your Hands On The Loonie

If you haven't already heard, there's a new coin in Canada that's in circulation right now and Narcity spoke with the Royal Canadian Mint to get all the details about how to get the shiny new loonie.

The $1 coin commemorates the 125th anniversary of the discovery of gold in the Klondike and the impact the Klondike Gold Rush had on Indigenous peoples.

The Mint told Narcity that the new loonie started shipping out of distribution centres in Winnipeg on September 22. As businesses and banks across the country order new stocks of $1 coins, the new dollar will gradually begin appearing in circulation and find its way into your change when you use cash.

New coin orders are random, so it's normal for coins to start circulating at different times in different parts of the country. Commemorative ones like this, though, are always first to be released whenever financial institutions request new stock.

The Mint has made two million coloured versions — with the Moosehide Gathering place icon in red — and one million uncoloured versions of the coin for circulation, so there are lots of these new loonies that you can get!