Interesting video from the CBC National news archive on the introduction of the $2 coin.
Honestly, I don't recall anyone ever suggesting anything other than calling it a twoonie but I'm glad the coin wasn't issued with a perogy on it.
http://archives.cbc.ca/economy_busi...clips/12064/Broadcast Date: Sept. 21, 1995
There is also some history on the loonie launch etc.