It says, "TM/MC", meaning Trade Mark/Marque de Commerce. Since the Olympics need to indicate that their 5 circles are a trademark, and being that signage in Canada is mostly bilingual (English and French), this appears on many logos on the market. Oddly enough, this doesn't appears far above the 5 rings on the 2010 Inukshuk dollar. On the 2004 dollar it's just indicate by an encircled M.
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