Canada is ditching production of the penny, saying it costs more to make the coin than it's worth. As of this fall, the Royal Canadian Mint will cease distributing Canadian pennies, though consumers will still be able to use them for transactions. The change was included in the country's budget released Thursday. Call us at We are open 8a. EST, Mon. You can be assured that the Mint fully guarantees the superior quality and craftsmanship of its products. If you are not completely satisfied with your purchase, you can simply return it to us in its original packaging within 30 days and we will gladly offer you a replacement subject to product availability or send you a full refund.
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Shop What are you interested in? The Canadian Mint produced more to make up for the lost coins, continuing the cycle until they melted down the remaining pennies in their possession in Besides those of us who get an endorphin rush from the occasions where we lay down the perfect coinage to pay for something, exact change in Canada is now a matter for electronic transactions only.
Now, cash transactions always round up or down to the nearest 5 cents. The now-departed rush of to-the-penny payment can now be replaced by gaming the system to save by paying via credit, debit, or cash, depending on the price - thank goodness. Finally, although science has yet to prove any correlation between tossing coins into bodies of water and increased luck or proof of luck as a natural phenomenon at all , the placebo effect can be achieved just as easily by tossing nickels, dimes, or quarters.
Come to think of it, wouldn't a nickel bring five times as much good fortune as a penny anyway? What do you think? Do you miss the little coppers? Wish that the States would follow suit and drop the penny and nickel? Leave your thoughts in the comments below!
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