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Tuesday, February 21, 2023

An open letter to the Bank of Canada, urging the bank to consider adding hemp fiber to the fabrication of the money supply.

Dear Bank of Canada,

I am writing to suggest a new initiative that could greatly benefit our nation and the environment. As you are aware, the plastic used to print our currency is made from traditional materials that contribute to environmental degradation. I propose that you consider incorporating hemp fiber into the plastic used to print our money.

Hemp is a versatile plant that has been used for centuries to make textiles, paper, and other products. One of its benefits is that it is a sustainable crop that requires minimal use of pesticides, herbicides, and fertilizers. This makes it an ideal candidate for fabricating the plastic used to print our currency.

Here are a few of the advantages of using hemp fiber in the production of our money supply:

  1. Sustainability: By using hemp fiber, we can reduce our reliance on non-renewable resources and move towards a more sustainable future.

  2. Durability: Hemp fiber is strong and resistant to tearing, which means that the money printed using this material will last longer and be more durable.

  3. Security: Hemp fiber can also be used to add security features to the currency, such as embedded holograms or microprinting.

  4. Economic benefits: The cultivation and processing of hemp could provide Canadians a new source of revenue and job opportunities.

  5. Environmental benefits: Hemp is a low-impact crop that can help mitigate climate change's effects by sequestering carbon and reducing soil erosion.

Moreover, hemp has anti-bacterial and anti-fungal properties, making it ideal for items that are frequently handled such as banknotes. This could help in reducing the spread of germs and improving public health.

I urge you to consider this proposal and take the necessary steps to investigate the feasibility of incorporating hemp fiber into the plastic used to print our currency. It has the potential to be a win-win for both the environment and our economy.

Thank you for your time and consideration.

Sincerely,

Marie Landry

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