Terry Fox has been selected to appear on the next $5 bank note.
Fox is a Canadian icon who campaigned for cancer research by running his Marathon of Hope in 1980.
He was the youngest person to be named a Companion of the Order of Canada before his death in 1981 when his cancer spread to his lungs.
The annual fundraising run in his name has raised more than $850 million for cancer research.
In 2020 the Bank of Canada held a six-week public consultation, and Fox was among eight “iconic Canadians” who were shortlisted from more than 600 nominations.
The fall economic statement says Fox’s addition to the $5 bill is “to inspire more Canadians to give $5 to the cause that Terry Fox championed.”
Fox will replace Sir Wilfrid Laurier, who will move from the $5 bill to the $50 note.
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