Nearly three years ago, the Bank of Canada announced a plan to remove from the $5 bill the face of Sir Wilfrid Laurier the only French-Canadian prime minister on a banknote and replace him with someone else from the country's past. The process has since stalled.
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The Bank of Canada has officially whittled down the shortlist for the newest version of Canada's $5 bill to eight candidates all of which are prominent historic Canadian figures. Sir Wilfred Laurier, who served as Canada's first-ever Francophone prime minister from 1896 to 1911 is the current face of the $5 note.