2012-04-05 / Opinion
The Way I See It
How Long Before We’re Penny-Less?
The recent news that our Canadian neighbors are going to stop minting pennies is likely to result in renewed calls to stop making pennies here in the U.S. It costs Canadians 1.6 cents each to make pennies. By not making any more pennies and pulling existing one-cent coins out of service, they expect to save $11 million this year alone.
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