Canadian officials are taking the saying “penny pinching” to a whole new level, announcing plans to remove the low denomination currency completely from their monetary system. According to current numbers the Royal Canadian Mint currently makes 25 pennies annually for every single Canadian, at a cost of $1.5 cents per penny produced that’s quite the [...]
Canada Getting Rid Of Pennies, Plans To Save $11 Million Per Year is a post from: The Inquisitr