This Time, Canada Has Gone Too Far

First the Monopoly iron game piece … now this?! Officials in Canada have officially stopped distributing its iconic penny in its next step to completely eradicate the coin. The delightful maple-leaf-adorned coins will be collected and melted down in a plot by the notorious organization known as the “Royal Canadian Mint.” This group of copper-haters has informed retailers that they are to round transactions to the nearest five-cent increment and no longer accept the Canadian penny …

8 Comments

DanDonkers

I think the biggest shock will be when people realize their Tim Hortons bill is being rounded up by 2 cents. I'm Canadian, and it shocked me!

Rachel.Eve

Items ending in 1, 2, 6, or 7 will be rounded down to the nearest nickel though too. Overall it's a neutral change.

lettner1

I hope the US follows soon and gets rid of the penny. What is it really good for?

nick

All this AND we haven't had Saturday mail delivery since February 1st, 1969. We're really setting the trends up here.

rebeccaB

Experts say that the move will save the nation $11 million a year. Some say the same thing should happen in the United States. The reverse is their ‘penny’ art and shows the year the penny was discontinued. This side features the tracking number and says “Canada Micro” around the edge.

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