Bank of Canada unveils plastic bills

Plastic money will replace the paper bills you have in your wallet. The Bank of Canada unveiled the new bills on Monday, which are apparently among the most secure in the world. The bills made of plastic polymer material are not easily counterfeited. They are also more durable. Canadians will spend 9 cents more on each bill.

Polymer bills are now used in 32 countries around the world. But don’t start snooping in your friends’ wallets for the new bills just yet. They aren’t set to hit the market until 2012.