The Bank of Canada announced yesterday that a new $5 bank note will be coming into circulation soon.

Governor Stephen S. Poloz said at the Board of Trade’s Economic Outlook Forum in Vancouver that Canada is close to announcing the plans for the new bank note. 

"An ongoing priority for us at the Bank is providing Canadians with bank notes that include the latest security features so that they can continue to use them with confidence,"said Poloz. 

Poloz said public consultations about who should appear on the new $5 note will be launching soon. The process will be similar to the public consultations that led to the selection of Viola Desmond for the $10 note.

This time the Bank of Canada will be asking all Canadians to nominate any historic Canadian, and some people have some pretty unique ideas. For instance, Celine Dion. 

There's only one I can think of to be on the Canadian 5 dollar bill. https://t.co/jTduAlNddV pic.twitter.com/W50TOs5QBL

— Kate (@mariahcareyed) January 10, 2020

The current $5 bill features a portrait of Canada's seventh prime minister Sir Wilfrid Laurier and hologram of the Mackenzie Tower from the West Block on Parliament Hill on the front. The back features an astronaut working with Dextre attached to the Canadarm2.

While a pop icon would be different from what's already on Canada's bank notes, some people would rather the approach stay traditional  and stick with politicians and activists. 

Tommy Douglas; wouldn’t have gotten Universal Healthcare or the Canadian Pension Plan if it wasn’t for Tommy Douglas’s fight for it

— Piper (@Piper27525112) January 10, 2020

A lot of  people have responded to on Twitter suggesting that Canadian athlete, humanitarian, and cancer research activist, Terry Fox, would be the best choice. 

Terry Fox. His legacy continues to fund lifesaving research. His strength and courage inspired so many.

— Laura Sandy (Seddon) (@Mumofalltrades) January 10, 2020

Another popular suggestion is the late Gord Downie, of The Tragically Hip. Downie is also known for his activism surrounding indigenous peoples rights. 

Terry Fox might win ... or @thehipdotcom pic.twitter.com/9XgUePyhbI

— Alien T 💫👽 (@alienmagicman) January 10, 2020

Other say the infamous Don Cherry would be a good pick, which would probably go over so well.

Don Cherry or anything else related to hockey

— Andrew Oswald (@andoy007) January 10, 2020

The discussion really shines a light on how many cool Canadians there are, but the ideas don't stop at Canada's people. Some think highlighing the Canadian natural landscape would be a good choice.

Old school Canadian artist along with a representation of an iconic Canadian landscape, like Group of Seven, Lawren Harris’ Pic Island, juxtaposed with a modern First Nations artist like Norval Morrisseau and his dazzling work. @bankofcanada

— J Max Soos (@globalpilgrim) January 10, 2020

Some have other ideas when it comes to the "nature" approach. 

Toronto Raccoon, of course. pic.twitter.com/LzIh8CRs0o

— Peter (@TheMickeyDee) January 10, 2020

So far no date has been provided on when and how consultations will officially begin, but the discussion on social media proves the decision will be tough one.