<P> The $500 denomination was included only in the 1935 series . No note of this denomination has been printed since . The note was coloured sepia, or burnt sienna; the face featured Sir John A. Macdonald, and the back depicted a fertility allegory . The $500 note was withdrawn from circulation in 1938 . </P> <P> There had been two previous printings of the $500 note by the Dominion of Canada, one in 1925 featuring King George V, and one in 1911 picturing Queen Mary . Of the latter, only three are known to still exist, one of which sold for US $322,000 in a Heritage auction in October 2008 . It is unlikely that further 1911 notes survived the Depression . </P> <P> Printing of the $1 note ceased in 1989 after the release of the loonie (in 1987) had been implemented . These notes are virtually never seen in circulation today . The most recent banknote series that included the $1 note was the Scenes of Canada, with the $1 note released in 1974, coloured green and black . The face featured a portrait of Queen Elizabeth II; the back featured an image of Parliament Hill from across the Ottawa River, with log driving activities taking place on the water . </P> <P> Printing of the $2 note ceased on February 18, 1996, with the release of the toonie, a coin that replaced it . These notes are virtually never seen in circulation today . The most recent banknote series that included the two - dollar note was the Birds of Canada series in 1986, in which the two was a terra cotta colour . The face featured a portrait of Queen Elizabeth II; the back featured a meadow scene with two robins . Prior to the withdrawal of the $1 note, the $2 was not as widely circulated and was difficult to find in some regions, Alberta in particular . After the $1 note was withdrawn, the $2 was much more widely circulated . </P>

When did the canadian 1 dollar bill go out of circulation