<P> Banknotes that are no longer in issue in Canada, and are being removed from circulation, are said to be withdrawn from circulation . </P> <P> The Bank of Canada, Canada's sole issuer of bank notes, currently issues five different denominations ($5, $10, $20, $50 and $100). Smaller denominations have been replaced by coins, and larger ones are felt to be no longer required in an era of electronic transmission of most large transactions . Despite competition from some more valuable foreign notes (most notably, the 500 euro banknote), there are no plans to re-issue Canadian banknotes larger than $100 . </P>

When did the thousand dollar bill go out of circulation