 Since 1992, the town has honoured Carmichael with a monument in the shape of the coin located along the highway.The monument is called the "Big Loonie" in reference to nearby Sudbury's "Big Nickel" monument.Carmichael's artwork is part of a number of collections, including that of the Government of Ontario in Queen's Park, Toronto, the Canada Council Art Bank in Ottawa, and the Art Gallery of Algoma in Sault Ste.