📆 Canada by Year

📅 Events in 1987

Jun 26, 1987

Loonie Introduced as Canadian Dollar Coin

The Royal Canadian Mint introduces the new one-dollar coin, quickly nicknamed the 'loonie' for the common loon depicted on its face, as Canada phases out the paper dollar bill.

Economics National

Jun 30, 1987

Loonie Officially Introduced

The Government of Canada officially introduces the one-dollar coin, nicknamed the 'loonie' for the common loon on its reverse side, as the paper dollar bill begins to be withdrawn from circulation.

Economics National