Canada is replacing its paper $100 bills with plastic ones to deter counterfeiting.
The Bank of Canada says its new bills are not only resistant to counterfeiting, they also are harder to damage, USA Today reported Wednesday. The same material will be used with $50 bills in March and with smaller bills in 2013.
About 30 other countries use plastic instead of paper for their bills, the article said. Australia kicked off the trend in the 1980s.