Commemorating the 75th anniversary of the end of World War II, the design is based on the Victory nickel by Thomas Shingles, featuring a large "V" for Victory overlaid with a torch topped by orange and yellow flames.
The Canadian victory emblem is flanked by maple leaves, while the double dates "1945" and "2020" appear at both left and right, to commemorate the 75th anniversary of the end of World War II.
The words "Victory" (English) and "Victoire" (French) appear on the outer ring, with an inscription in International Morse code, that when translated reads "We win when we work willingly" (English) and "La bonne volonté est gage de victoire" (French).
The words "Remember" (English) and "Souvenir" (French) are added to the bottom part of the outer ring.