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The Toonie Turned 30 and Transit Raised Its Price the Day Before It Showed Up
The toonie's 30th anniversary lands this week, and the coin's origin story has a detail most people missed. The $2 bill was officially withdrawn on February 16, 1996, three days before the coin debuted. The government's reasoning: coins last longer than paper bills, so it would save money. The TTC's reasoning, announced one day before the toonie launched: transit now costs exactly $2. Convenient for everyone, apparently.
The polar bear on the coin was sketched by wildlife artist Brent Townsend, who deliberately drew the fur wet to make it more visible on the metal. Early stress tests showed…
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