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Canada To Stop Producing Pennies In 2013

Posted by timothy on from the thought-they-were-made-here-in-america dept.

First time accepted submitter master_kaos writes "Canada is going to stop producing pennies in February 2013 to help save the tax payers $11 million per year. Cash transactions will be rounded to the nearest nickel. Cheque/Credit Card transactions are not affected."

2 of 362 comments (clear)

  1. Copper prices by Dunbal · · Score: -1, Flamebait

    And yet governments continue business as usual as if nothing was wrong. There is no inflation. Your dollar is worth exactly the same as it was last year. Continue borrowing, continue shopping... the fact that governments can no longer even afford to mint what used to be the cheapest coin to make is not a significant sign of anything.

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    Seven puppies were harmed during the making of this post.
  2. Ask a stupid question... by Chas · · Score: 0, Flamebait

    Why the transaction will ALWAYS be in the merchant's favor of course!

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    Chas - The one, the only.
    THANK GOD!!!