Canadian Penny Discontinued

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

Marni Soupcoff | Posted 04.12.2013 | Canada
Marni Soupcoff

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.

'They're All Scrap Copper Now': Newfoundland Musician Writes Penny Memorial

Huffington Post Music Canada | Jason MacNeil | Posted 02.05.2013 | Canada Music

With the official demise of the penny now beginning, one Newfoundland singer-songwriter has penned a song based on the one-cent coin's death. Accor...

Memorial Penny Playlist: Goodbye Songs For Canada's One Cent Coin

Huffington Post Music Canada | Joshua Ostroff | Posted 05.15.2013 | Canada Music

Today marks the sad end for the penny, a minuscule monetary denomination that was perhaps best known as provider of good luck (if you saw one and pick...

Creative Canucks Preserve Pennies

CP | Michelle McQuigge, The Canadian Press | Posted 04.05.2013 | Canada Business

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 o...

RIP Penny, 1858 To 2013

CBC | Posted 04.06.2013 | Canada

Penny, Canadian — Passed away peacefully on Feb. 4, 2013, when the Royal Canadian Mint stopped distributing the copper-coloured coin. T...

Heads Up: The Penny Ends Monday

The Huffington Post Canada | Posted 02.04.2013 | Canada Business

Get ready for a new era in Canadian currency. The Royal Canadian Mint will stop issuing the penny on Monday, Feb. 4, marking the official end of th...

The Penny's Dead, Is The Nickel Next?

CP | Dean Beeby, The Canadian Press | Posted 03.04.2013 | Canada Business

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 ...

Getting Rid Of The Penny Will Cost .. A Pretty Penny

CP | Dean Beeby, The Canadian Press | Posted 02.18.2013 | Canada Business

OTTAWA - The demise of Canada's one-cent coin next year will cost taxpayers a pretty penny.Finance Minister Jim Flaherty announced the impending withd...

Canadian Mint: We Won't Charge You For Using Images Of Penny

CP | The Canadian Press | Posted 11.13.2012 | Canada Business

OTTAWA - A Nova Scotia folk singer can rest easy now that the Royal Canadian Mint won't be picking his pockets over his upcoming album's depiction of ...

Mint Demands Money From Musician Who Used Penny On Album Cover

The Huffington Post Canada | Daniel Tencer | Posted 09.12.2012 | Canada Business

A Nova Scotia folk musician is being nickeled-and-dimed over a picture of a penny. Dave Gunning of Halifax says the Royal Canadian Mint has demande...

7 Signs Canada Is Becoming A Cashless Society

The Huffington Post Canada | Daniel Tencer | Posted 08.29.2012 | Canada Business

A recent article in Wired magazine spotlighting Canada’s Interac system declares that Canada will beat the United States to becoming a cashless soci...

Final Cent To Roll Off The Line Friday

CP | Steve Lambert, The Canadian Press | Posted 07.03.2012 | Canada Business

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...

U.S. Debates Whether To Follow Canada In Killing The Penny

CP | Lee-Anne Goodman, The Canadian Press | Posted 05.30.2012 | Canada Business

WASHINGTON - News that Canada is doing away with the penny has renewed debate in the United States about whether it's time to rid itself, too, of a pi...