Canadian Penny Discontinued

Alamy

The Week in Review: The Beginning of the End of the Penny (Finally)

On Monday, retailers finally started rounding cash transactions to the nearest nickel in cases where neither party can produce enough pennies -- this to account for the fact that the mint also began, on Monday, its new procedure of melting and recycling all pennies received by banks. That so many Canadians have used the occasion of the penny's long roll home as an opportunity to raise money for worthy causes is heartening. But that it took the government this long to drop a coin that had clearly outlived its usefulness at least thirty years ago is discouraging.
Alamy

Creative Canucks Preserve Pennies

OTTAWA - The Canadian penny took another step Monday on what could be a long road to extinction, with businesses given the ultimate short-term power of deciding whether they want to keep accepting the...
Alamy

RIP Penny, 1858 To 2013

Penny, Canadian — Passed away peacefully on Feb. 4, 2013, when the Royal Canadian Mint stopped distributing the copper-coloured coin. The penny's demise had been anticipated since March 29, 2012, whe...
CP

The Penny's Dead, Is The Nickel Next?

OTTAWA - As the penny is set to begin retirement next month, there are already calls to put the nickel out to pasture as well.The Royal Canadian Mint starts collecting one-cent coins on Feb. 4 for mel...
CP

Final Cent To Roll Off The Line Friday

WINNIPEG - The last Canadian penny ever to be made shuddered down a chute and into a small glass bowl at the Royal Canadian Mint on Friday — marking the end of the line for the one-cent coin.Finance M...