OTTAWA - Having dumped the lowly penny, the Royal Canadian Mint is planning to create two high-value coins that won't appear
If you thought a roll of Canadian pennies is worth 50 cents, think again. A Toronto man who bought a ‘special wrap roll’ of
February 4 of this year was a momentous day for numismatists as the Canadian Mint officially stopped distribution of the one-cent coin, the penny. While the reaction from Canadians was mixed, there was a general consensus that the loss was still a sad end to a 105-year era. The moment was also a sombre day for those striving to improve public health.
The Bank of Montreal poll found that 73 per cent of those surveyed expect retailers to keep taking pennies — regardless of
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.
With the official demise of the penny now beginning, one Newfoundland singer-songwriter has penned a song based on the one
For one week -- this week, Monday February 4 to Friday February 9 -- those precious discarded coins are worth the world. As part of Free The Children and RBC's We Create Change campaign to provide 100,000 people in the developing world with life-saving access to clean water, the Canadian penny has a renewed lease on life.
Today marks the sad end for the penny, a minuscule monetary denomination that was perhaps best known as provider of good
The Canadian penny is no more and one MP's glee could apparently only be expressed through prose. NDP MP Pat Martin stood
As distribution of the Canadian penny ends, you're no doubt wondering what to do with your hoards of spare change. Thanks