Sukhpal Kang with Eau Claire Partners

12/23/2025

12/23/2025

The Retail Council of Canada is warning Canadians about the startling increase of counterfeit $20, $50, and $100 bills since November.

Based on recent reports, the Retail Council has detected more counterfeit bills in one month than all of the last year (CTV News).

Even for a trained eye, counterfeit money has become increasingly difficult to pick out. Those who produce it have modified their techniques to create highly convincing bills.

“We have seen a recent resurgence of very high-quality bills. They are extremely credible; you can’t tell them apart from the real thing. The hologram is really well done. This means that, as we have been saying for a long time, we are facing increasingly structured and organized criminals,“ says Michel Rochette, president of the RCC’s Quebec division.

The fact this type of crime is peaking around Christmas and the holidays does not go unnoticed.

Rochette emphasised the importance of consumers and merchants to stay vigilant.

“It reminds us how important it is to inform and educate as many merchants as possible. The more people who are aware, the more we can try to limit the spread of these counterfeit bills.”

He also urges politicians to give police forces more resources to tackle this scourge.

How do you think we can prevent the further spread? Let us know in the comments section!

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01/27/2025

01/15/2025

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