Sixteen's a pretty big birthday - you're getting closer to adulthood, you're discovering new things about yourself, and, if you're unlucky, your parents have forgotten your birthday. Today, something very close to our hearts - or at least our wallets - turns sixteen.
Yes, the Toonie has been with us for sixteen years. On this day in 1995, the Royal Canadian Mint unveiled the two-coloured coin that would go on to replace Canada's two-dollar bill. And as with any important new family member, its name was the subject of much debate. Some of the other options that were debated include the Bearie, the Bearly, the Deuce, the Doozie, the Moonie, the Bluenie, and our personal favourite, the Doubloonie. In the end, Canadians finally settled on the (still slightly ridiculous) name we all use today: "Toonie."
Given that it's basically a coin within a coin, there was a lot of speculation about whether the Toonie would fall apart in people's pockets. According to a spokesman from the Mint, the odds of that happening are one in 60 million. Ironically, this drove more people to deliberately try and separate the coin, despite the fact that the act is illegal.
At the time of its release, a toonie went a long way - bus fares, baseball tickets, entire meals. It got us wondering: what can be purchased with two dollars today? We expected the answer to be "nothing," but surprisingly, there are a few items for the frugally conscious (shipping costs not included).
Disclaimer: although purchasing these items is possible, we in no way endorse using any of them.