12-14-2010, 06:21 PM
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#1
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Not a casual user
Join Date: Mar 2006
Location: A simple man leading a complicated life....
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This makes cents
Canadian government closer to getting rid of the penny
Quote:
The penny is one step closer to going the way of the dodo.
On Tuesday, the Senate Finance Committee recommended the one-cent coin be scrapped.
"Our report recommends production of the penny cease production as soon as possible and that it be withdrawn from circulation 12 months after that and that it cease to be legal tender 12 months after that," says Senator Richard Neufeld who sits on the committee
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Quote:
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Other countries have scrapped their penny including Australia and New Zealand. New Zealand has also done away with its five-cent coin.
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http://calgary.ctv.ca/servlet/an/loc...ub=CalgaryHome
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