Have you seen more $100 bills lately? There’s a reason why

Canadians are moving away from cash for smaller transactions, but cash is still king for contractors and informal workers

Patrick Cain

23 Mar 2026 • 3 min read

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A pair of hands count a stack of Canadian $100 bills.

The number of $100 bills in circulation in Canada has tripled in the last two decades, according to the Bank of Canada. (Graeme Roy/The Canadian Press)

Patrick Cain

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