They will ensure that these arrangements are carried out efficiently and that the currency system continues to provide good service to Canadians. The city of Quebec was the site for our second pilot of the new system for bank note distribution. Bank notes are now moving directly from financial institutions with surplus notes to those that need them.
Notes are now returned to the Bank of Canada only to be destroyed when they are no longer fit for use. I hope that we can count on your help to make the new regional initiatives work.