Canadian Hero Terry Fox Selected as Face of New $5 Bill
Terry Fox has been chosen to appear on Canada’s next $5 banknote.
The federal government made the announcement in its fall economic statement on Monday, recognizing Fox as a national hero for his contributions to cancer research through his iconic Marathon of Hope in 1980.
After losing his leg to cancer, Fox began his cross-country marathon to raise awareness and funds for cancer research. His efforts raised over $24 million—equivalent to $1 for every Canadian at the time. Despite his passing in 1981, at the age of 22, Fox’s legacy has continued to grow, with the annual Terry Fox Run raising more than $850 million for cancer research to date.
In 2020, the Bank of Canada launched a public consultation to select a new face for the $5 bill. Fox was one of eight finalists shortlisted from over 600 nominations.
The fall economic statement described Fox’s inclusion on the bill as a way “to inspire more Canadians to give $5 to the cause that Terry Fox championed.” It highlights Fox as an example of how “an ordinary person can make a difference through sheer willpower and determination.”
Fox will replace Sir Wilfrid Laurier, who will be moved to the $50 note. The future of William Lyon Mackenzie King, currently featured on the $50 bill, remains uncertain.
Brad West, Mayor of Port Coquitlam—Fox’s hometown—celebrated the news, sharing his pride on X (formerly Twitter). “Terry Fox’s legacy transcends differences,” West said, noting the city’s longstanding campaign to see Fox honored on Canadian currency.
“On behalf of the people of Port Coquitlam, I want to express our immense pride that our hometown hero is being honoured as the new face on Canada’s $5 bill.”
