The new $5 bill will feature a Canadian icon.
CANADA - A familiar face will grace the new $5 bill.
While delivering the fall economic statement yesterday, the Trudeau Government announced that Terry Fox will be featured on the new $5 bank note.
Fox lost a leg to cancer and raised money for cancer research by running his Marathon of Hope back in 1980. He died a year later after the cancer spread to his lungs, but his legacy lived on with fundraisers taking place across the country in his memory over the years.
More than $850 million has been raised to date.
The following statement from the Terry Fox Family has been posted to the Terry Fox Research Institute website:
"We are truly grateful to MP Chrystia Freeland, the hard work of the independent Advisory Council and all Canadians for voting and/or nominating that resulted in this honour featuring Terry on the new $5 bill.
We would like to acknowledge the accomplishments of all those nominated and especially the seven other short-listed candidates and their meaningful and important contributions.
Terry had difficulty accepting praise or recognition for his Marathon of Hope efforts. However, he did crave money, not for himself, but was always looking for the next dollar raised for cancer research.
We hope when the 'Terry Fox fiver' lands in the wallets and pockets of Canadians, that they will consider Terry's vision of eradicating cancer through research."
Sir Wilfred Laurier is currently featured on the $5 bill, and the government says he will move to the new $50 bank note.