---
title: "Bank of Canada unveils $20 bill with King Charles replacing Queen Elizabeth II"
publication: "MediaBias News"
url: "https://mediabias.news/business/bank-of-canada-unveils-20-bill-with-king-charles-replacing-queen-elizabeth-ii"
api: "https://mediabias.news/api/v1/stories/bank-of-canada-unveils-20-bill-with-king-charles-replacing-queen-elizabeth-ii"
markdown: "https://mediabias.news/business/bank-of-canada-unveils-20-bill-with-king-charles-replacing-queen-elizabeth-ii.md"
audio: "https://mediabias.news/api/audio/bank-of-canada-unveils-20-bill-with-king-charles-replacing-queen-elizabeth-ii"
category: "Business & Economy"
published: "2026-09-03T09:46:31.248Z"
source_reported: "2026-09-03T08:00:49.000Z"
updated: "2026-09-03T09:46:31.248Z"
trust_score: 42
critic_score: 55
hype_score: 15
assessment_type: "coverage-and-source-reporting-analysis"
fact_check_status: "not-performed"
coverage_measured: "2026-09-03T10:30:34.738296+00:00"
---

# Bank of Canada unveils $20 bill with King Charles replacing Queen Elizabeth II

*The new currency marks the first time King Charles appears on Canadian paper money, following a directive from the Trudeau government*

**Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): 

- Trust 42 of 100, higher is better. No named sources or documents in any digest.
- Craft 55 of 100, higher is better. No quotes, dates, or next steps in any digest.
- Hype 15 of 100, lower is better. Headlines are measured and proportionate.

Scored by MediaBias News; method at https://mediabias.news/methodology.

**The short version**

- The Bank of Canada will unveil a new $20 bill today featuring King Charles, the first Canadian paper currency to include his image.
- The design replaces Queen Elizabeth II, who appeared on previous versions of the bill.
- The change was directed by former prime minister Justin Trudeau’s government.
- No right-rated outlet in the sample below carried the story.

The Bank of Canada is scheduled to unveil a redesigned $20 bill on 3 September 2026. The new design will feature King Charles, marking the first time his image appears on Canadian paper currency. The bill replaces the previous version, which carried the portrait of Queen Elizabeth II.

The decision to include King Charles was made under the direction of former prime minister Justin Trudeau’s government. The Bank of Canada has not disclosed the cost of the redesign or the timeline for the bill’s circulation.

## What the coverage left out

None of the 22 digests below mention the cost of the redesign or the timeline for the bill’s circulation. No right-rated outlet in the sample carried the story at all.

## Who covered it

Shares of the 21 covering outlets with a published leaning rating:

- Left: 67% (14)
- Centre: 33% (7)
- Right: 0% (0)

2 of 23 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-09-03T10:30:34.738296+00:00.

**Coverage watch:** developing. Checked 5 times; 0 checks found a material change. Most recently checked 2026-09-03T11:00:23.205Z.

## How the sides framed it

### Left

- All 14 left-rated digests below carried the same core facts: the Bank of Canada’s unveiling of the new $20 bill, the replacement of Queen Elizabeth II’s image with King Charles’s, and the directive from Trudeau’s government. None of the digests led on a distinct angle or included additional context beyond these points.

### Centre

- The seven centre-rated digests also reported the Bank of Canada’s unveiling of the new $20 bill, the replacement of Queen Elizabeth II’s image, and the Trudeau government’s directive. Five of the seven digests included the government’s role, while two omitted it. No centre-rated digest added further details or a distinct framing.

### Right

No separate framing summary.

## Factuality profile of the covering outlets

These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true.

- high: 14
- unknown: 3
- veryHigh: 6

## Verification scope

This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true.

## Original reporting this was written from

- [BizToc](https://biztoc.com/x/06540ae0a4d9cadd) — Bank of Canada set to unveil redesigned $20 bill featuring King Charles
- [Narcity](https://narcity.com/new-20-bill-to-feature-king-charles) — Bank of Canada to unveil new $20 bill featuring King Charles
- [Airdrie City View](https://airdriecityview.com/national-business/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles-12738329) — Bank of Canada to unveil new $20 bill featuring King Charles
- [Battlefords NOW](https://battlefordsnow.com/2026/09/03/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles) — Bank of Canada to unveil new $20 bill featuring King Charles
- [Bay Today](https://baytoday.ca/national-news/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles-12738342) — Bank of Canada to unveil new $20 bill featuring King Charles
- [CFJC Today Kamloops](https://cfjctoday.com/2026/09/03/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles) — Bank of Canada to unveil new $20 bill featuring King Charles
- [Ckpg Today](https://ckpgtoday.ca/2026/09/03/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles) — Bank of Canada to unveil new $20 bill featuring King Charles
- [ElliotLakeToday.com](https://elliotlaketoday.com/national-news/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles-12738342) — Bank of Canada to unveil new $20 bill featuring King Charles
- [Guelph Today](https://guelphtoday.com/national-news/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles-12738342) — Bank of Canada to unveil new $20 bill featuring King Charles
- [Medicine Hat News](https://medicinehatnews.com/news/national-news/2026/09/03/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles) — Bank of Canada to unveil new $20 bill featuring King Charles
- [Midland Today](https://midlandtoday.ca/national-news/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles-12738342) — Bank of Canada to unveil new $20 bill featuring King Charles
- [Orillia Matters](https://orilliamatters.com/national-news/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles-12738342) — Bank of Canada to unveil new $20 bill featuring King Charles
- [Rocky Mountain Outlook](https://rmoutlook.com/national-business/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles-12738329) — Bank of Canada to unveil new $20 bill featuring King Charles
- [SooToday.com](https://sootoday.com/national-news/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles-12738342) — Bank of Canada to unveil new $20 bill featuring King Charles
- [Sudbury](https://sudbury.com/national/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles-12738342) — Bank of Canada to unveil new $20 bill featuring King Charles
- [The Lethbridge Herald](https://lethbridgeherald.com/news/national-news/2026/09/03/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles) — Bank of Canada to unveil new $20 bill featuring King Charles
- [The Toronto Star](https://thestar.com/news/canada/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles/article_ab4c4d12-6437-59e9-bf08-3ae210bbd940.html) — Bank of Canada to unveil new $20 bill featuring King Charles
- [Thorold Today](https://thoroldtoday.ca/national-news/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles-12738342) — Bank of Canada to unveil new $20 bill featuring King Charles
- [Timmins Today](https://timminstoday.com/national-news/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles-12738342) — Bank of Canada to unveil new $20 bill featuring King Charles
- [flamboroughtoday.com](https://flamboroughtoday.com/national-news/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles-12738342) — Bank of Canada to unveil new $20 bill featuring King Charles
- [meadowlakeNOW](https://meadowlakenow.com/2026/09/03/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles) — Bank of Canada to unveil new $20 bill featuring King Charles
- [The Hamilton Spectator](https://thespec.com/business/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles/article_09809d22-e82c-515f-9f44-c17209067113.html) — Bank of Canada to unveil new $20 bill featuring King Charles
- [Winnipeg Free Press](https://winnipegfreepress.com/business/2026/09/03/bank-of-canada-to-unveil-new-20-bill-featuring-king-charles) — Bank of Canada to unveil new $20 bill featuring King Charles

## Questions

**Why is King Charles appearing on the new $20 bill?**

The Bank of Canada is unveiling a redesigned $20 bill featuring King Charles, replacing Queen Elizabeth II. The change was directed by former prime minister Justin Trudeau’s government, marking the first Canadian paper currency to include the new monarch.

**When will the new $20 bill be available?**

The Bank of Canada is set to unveil the new $20 bill on 3 September 2026. None of the reports below specify when the bill will enter circulation or how long the transition will take.

**Which outlets reported on the new $20 bill?**

The story was carried by 14 left-rated outlets and 7 centre-rated outlets, all in digest form. No right-rated outlet in the sample published the story.

---

MediaBias News — https://mediabias.news. Reproduced from https://mediabias.news/business/bank-of-canada-unveils-20-bill-with-king-charles-replacing-queen-elizabeth-ii. Please cite as: MediaBias News, "Bank of Canada unveils $20 bill with King Charles replacing Queen Elizabeth II", https://mediabias.news/business/bank-of-canada-unveils-20-bill-with-king-charles-replacing-queen-elizabeth-ii