Who is using all this cash?
$5: up 37%
$10: up 32%
$20: up 29%
$50: up 85%
$100: up 219%
Where is all of this cash if not in our wallets?
Source: Bank of Canada Banking and Financial Statistics report, February 2017, page 96
That table tells some other interesting stories; like how over the last 12 years there is an average of $5,542 worth of old $1 and $2 bills deposited into banks and removed from circulation every business day of the year.