+- Cricket Windies (https://cricketwindies.com)
+-- Forum: What’s on Your Mind? (https://cricketwindies.com/forum-3.html)
+--- Forum: The Water Cooler! (https://cricketwindies.com/forum-4.html)
+--- Thread: A Penny for your thoughts (/thread-5457.html)
A Penny for your thoughts - ketchim - 03-30-2012
Canada stops the minting of the Penny :
for a savings of C$11m.
Pennies can still be used in purchases.
Thoughts ?
Re: A Penny for your thoughts - ketchim - 03-30-2012
Canada now joins at least 10 countries in ending the minting of low denomination coins :
including Switzerland and Brazil !!
Re: A Penny for your thoughts - ketchim - 03-30-2012
Cost of producing a one cent coin is 1.6 Canadian cents.
Re: A Penny for your thoughts - ketchim - 03-30-2012
" There are 30 billion pennies in circulation and every year they are minting more.........
Re: A Penny for your thoughts - Nargis - 03-30-2012
these are all good excuses to slowly bring in the Amero one currency and eventually no currency.