Does Canadian Money Smell of Maple Syrup?

According to a May 28 article in The Telegraph - ahead of Mark Carney taking up the role of Bank of England governor, Canadians have demanded to know whether their new banknotes have a secret smell of maple syrup.

Mark Carney led the Bank of Canada through the financial crisis with aplomb but, until now, he has failed to answer one monetary question Canadians desperately want answered: Do Canadian banknotes smell of maple syrup?

Speculation is rife from the cornfields of Saskatchewan to the forest of Nova Scotia that the high-tech plastic-based $100 notes introduced by Mr Carney have a secret “scratch-and-sniff” panel that releases the distinctive scent of maple tree sap.

Mr Carney, who takes up his role as governor of the Bank of England next month, has been forced to answer the thorny question ahead of his departure.

Documents issued by the Bank of Canada under a freedom of information request have revealed a “bulging file of correspondence, with many convinced that the notes have a familiar odour” The Times reported.

One Canadian wrote: “They all have a scent, which I’d say smells like maple. Please advise if this is normal?” Another asked: “I would like to know … once and for all if these bills are in fact scented, as I do detect a hint of maple”.

The new plastic banknote, a pet project of Mr Carney who says they are greener, harder to forge and cheaper, was introduced in November 2011. Mr Carney came under fire at the time for 'the wrong type of maple leaf' on money, with critics arguing that the design was more like a Norwegian maple.

However, in the case of the smelly banknotes, it appears that many Canadians have made an olfactory error. "The Bank has not added any scent to the new bank notes," the central bank has confirmed.

This is a guest article. The thoughts and opinions in this piece are those of their author and are not necessarily the thoughts of the Certified Collectibles Group.


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