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March 30, 2012 02:00 pm PDT

Canada to stop issuing pennies, businesses told to round off to nearest 5 cents, or "work it out for themselves"

The Canadian Tory government has announced that it's discontinuing the minting of new pennies, as the coins are expensive and considered a "nuisance" by businesses and their customers. As Steven Chase writes in the Globe and Mail: It costs taxpayers a penny-and-a-half every time we make one, Finance Minister Jim Flaherty told the Commons, adding [...]


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