Canada's Three-dollar Coin

Did you know that Canada is developing a three-dollar coin? This is the first of its kind in the world. That's right, no other country has a three-dollar coin or bill.

Canadian researchers were assigned to come up with a currency designation that would not only be unique, but create jobs and boost the economy.

Ministry of Finance assistant Bob Billsworth came up with a solution that was indeed genius. The coin would be made of wood - thereby creating jobs and giving a much needed boost to the floundering Canadian logging industry. The material would need to be hardwood for durability and a tree that is abundant. Subsequently birch and maple are the woods of choice.

To further impact the unemployment rate, the insignia on the coin would be partially hand-hewed. 

In keeping with Canada's theme of unique indigenous animals, like the beaver on the nickel, the loon on the one-dollar coin, and the polar bear on the two-dollar coin; the three-dolar coin will bear the likeness of the majestic pileated wood pecker on one side of the coin. The wood pecker is a Canadian icon, and is a hard-working and peaceful bird. 

On the downside, administrators are concerned about the possible moniker that will be given to the three-dollar coin. As we all know, the one-dollar coin became affectionately the "loonie"; the two dollar coin, the two-nie".

Think about the possibilities: Next year when you hand the server at your favourite Canadian donut shop a five-dollar bill when you order a muffin and coffee that comes to $2.97, you'll be able to place your hand in your front pocket and say, "Hang on. I think I have a woody!"

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