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India is about to pass China as the world's most populous country
https://news.yahoo.com/india-pass-china-as-the-worlds-most-populous-country-billion-215138449.html
Since January 1, 2021, the Canadian $1, $2, $25, $500 and $1,000 bank notes are no longer considered legal tender. Essentially, this means that you may not be able to use them in cash transactions.
Don’t worry—these bank notes have not lost their face value. Here are your options:
redeem your bank notes for face value at your financial institution;
redeem your bank notes for face value by submitting a claim to us;
keep them.
Some bank notes, such as the $25 and $500, may be worth significantly more than their face value to collectors. To find out if your bank notes have a different value, you can refer to a collector’s catalog, or obtain an evaluation from two or three money dealers who cater to collectors.
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I did not know this. (From Bank of Canada website)
i don't have any of these.
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These bank notes have not been produced in decades, so the decision to remove them from circulation has had little impact on most of us.
The $1 and the $2 notes stopped being issued in 1989 and 1996, respectively, and were replaced with coins.
The $25 note was a commemorative note. Both it and the $500 note were discontinued shortly after they were issued in 1935.
The $1,000 note stopped being issued in 2000.
Removing legal tender status from these bills means that they are no longer considered money. Essentially, you may no longer be able to spend them in a cash transaction. This does not mean that the notes are worthless. The Bank of Canada will continue to honour them at face value.