The Bank of Canada takes counterfeiting very seriously and responds by:
Checking bank notes protects everyone, so don’t be offended if a cashier carefully examines your bills. Routinely checking the security features of all notes—large and small—allows cashiers to intercept counterfeits and keep them out of the till and out of your change.
Security features are helpful only if you use them. To fight counterfeiting, the Bank offers free training materials to help the public, businesses, and police agencies use the security features in genuine bank notes. If you know your notes, you’ll be able to detect a counterfeit at a glance and protect yourself from fraud.
Making or passing counterfeit notes is a criminal offence and should be reported.
Assess the situation to ensure that you are not at risk. Then do the following:
Be courteous. Remember that the person in possession of the bill could be an innocent victim who does not realize that the note is suspicious.
Either way, the police should be informed of possible counterfeiting activity in your community. Timely reporting helps police and prosecutors bring counterfeiters to justice.