Skip header Skip to main content
Mosaic of Canadian banknotes.

Did Your Pick for the New $5 Bill Make the Cut?

Written by The Inspired Investor Team | Published on January 5, 2021

Who will be the face of the next Canadian $5 bill? We're one step closer to finding out: After polling Canadians, the Bank of Canada (BOC) has narrowed 600 qualifying nominees to a short list of eight notable individuals. BOC Governor Tiff Macklem is now tasked with crowning the winner, but that's not to say we can't ponder our own picks. Which one of these short-listers would you choose?

Pitseolak Ashoona ([c. 1904-1908]–1983)

Pitseolak Ashoona was a self-taught artist whose internationally exhibited drawings and prints offer vivid records of her traditional Inuit semi-nomadic lifestyle in the Eastern Arctic.

Robertine Barry (1863–1910)

The first female French Canadian journalist, Robertine Barry (A.K.A. “Françoise"), was a staunch activist, advocating for many social justice causes, including women's rights.

Binaaswi (1888–1952)

The most highly-decorated Indigenous soldier in Canadian history, Binaaswi (A.K.A. Francis Pegahmagabow) is a veteran of the First World War. He would go on to become a leader with the Wasauksing First Nation and an advocate for Indigenous rights.

Won Alexander Cumyow (1861–1955)

The first known Chinese-Canadian born in Canada, police interpreter Won Alexander Cumyow played a key role in positively transforming racialized attitudes toward Chinese people in Canada.

Terry Fox (1958–1981)

After cancer took part of his right leg, Terry Fox raised money and national awareness for cancer research with his cross-Canada 42-km daily run. Though cancer ultimately took his life, his legacy lives on with yearly runs across the country.

Lotta Hitschmanova (1909–1990)

Among Canada's earliest grassroots humanitarians, Czech-born refugee Lotta Hitschmanova is the founder of the Unitarian Service Committee of Canada in and inspired others to give to people in need, especially children, in various regions of the world.

Isapo-muxika (c. 1830–1890)

Recognized for his use of diplomacy and advocating for peace between Indigenous nations and with settlers, Isapo-muxika (A.K.A. Sahpo Muxika or Crowfoot) was a leader of the Blackfoot Confederacy. He was instrumental in key historical moments such as the Treaty 7 negotiations.

Onondeyoh (1861–1934)

An activist and an advocate for the protection and expansion of Indigenous rights, Mohawk chief Onondeyoh (A.K.A. Frederick Ogilvie Loft), a First World War veteran, founded the first pan-Canadian Indigenous organization in December 1918, which helped lay the groundwork for contemporary Canadian Indigenous rights organizations.

Who do you think should be featured on Canada's new $5 bill? Leave a comment* to share your top picks.

*Comments only enabled for clients. Not a client? You can open an account or get a free practice account. If you are a client, sign in to comment or see what others are saying.

RBC Direct Investing Inc. and Royal Bank of Canada are separate corporate entities which are affiliated. RBC Direct Investing Inc. is a wholly owned subsidiary of Royal Bank of Canada and is a Member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund. Royal Bank of Canada and certain of its issuers are related to RBC Direct Investing Inc. RBC Direct Investing Inc. does not provide investment advice or recommendations regarding the purchase or sale of any securities. Investors are responsible for their own investment decisions. RBC Direct Investing is a business name used by RBC Direct Investing Inc. ® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. Used under licence. © Royal Bank of Canada 2018. All rights reserved.

The views and opinions expressed in this publication are for your general interest and do not necessarily reflect the views and opinions of RBC Direct Investing. Furthermore, the products, services and securities referred to in this publication are only available in Canada and other jurisdictions where they may be legally offered for sale. If you are not currently resident of Canada, you should not access the information available on the RBC Direct Investing website.

How Soil Carbon Can Become Canadian Farmers' Next Cash Crop

How Soil Carbon Can Become Canadian Farmers' Next Cash Crop

Sustainable practices may mean untapped profits for Canadian farmers, says RBC Economics and Thought Leadership.

Hitting Net-Zero Means Rethinking How Canada Grows (and Buys and Eats) Food

Hitting Net-Zero Means Rethinking How Canada Grows (and Buys and Eats) Food

Top takeaways from a discussion about the climate challenges and solutions that can be found in farming.

Diversity in Tech: "I Think This Is the Time," Says Lightspeed CEO

Diversity in Tech: "I Think This Is the Time," Says Lightspeed CEO

Key takeaways from a conversation on Black representation in a recent episode of Disruptors, an RBC podcast.

You Know More Than You Think

A guide to investing in stocks.
Find out more