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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."

1 of 362 comments (clear)

  1. It's all about zinc by Animats · · Score: 5, Interesting

    The US has pennies only because of lobbying from the zinc industry. The U.S. Mint pays $0.011 for a penny blank.