Carney Apologizes After Bank of Canada Currency Change

Bank of Canada Governor Mark Carney apologized following a report that the central bank altered the image of a woman’s face proposed for a new C$100 bill after people at a focus group complained the person looked Asian.

“Efforts by the bank note designers to avoid depicting a specific individual resulted in an image that appears to represent only one ethnic group,” Carney said in a statement posted on the Ottawa-based central bank’s website today.

“That was not the Bank’s intention and I apologize to those who were offended -- the Bank’s handling of this issue did not meet the standards Canadians justifiably expect of us,” Carney said in the statement. “We will be reviewing our design process in light of these events. Our bank notes belong to all Canadians, and the work we do at the Bank is for all Canadians.”

The Canadian Press reported Aug. 17 that the image used -- showing a woman looking into a microscope -- is different than the one shown to a focus group reviewing the design of the new bank note. The central bank changed the image after people complained about the person’s ethnicity, Canadian Press said.

To contact the reporter on this story: Greg Quinn in Ottawa at gquinn1@bloomberg.net

To contact the editors responsible for this story: David Scanlan at dscanlan@bloomberg.net; Christopher Wellisz at cwellisz@bloomberg.net

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