"The government said it costs 1.6 cents to produce a penny, so by fall, it will stop issuing the coins in order to save $11 million a year."
“We will eliminate the penny,” said Finance Minister Jim Flaherty. “Pennies take up too much space on our dressers at home. They take up for too much time for small businesses trying to grow and create jobs.”
This whole change was orchestrated by Big Candy and Big Casino. Big Candy gets a 500% increase on penny candy, and Big Casino can now eliminate the penny slot.
Im so glad this is happening. Pennies are such a waste. I wish they would take it one step further and eliminate anything less than a quarter.
Eliminate nickels and dimes? So, you would enjoy having prices rounded to the nearest 25 cents? You must really enjoy strategic pricing aimed at the business making up to 13 cents extra on every purchase.
"The government said it costs 1.6 cents to produce a penny, so by fall, it will stop issuing the coins in order to save $11 million a year."
“We will eliminate the penny,” said Finance Minister Jim Flaherty. “Pennies take up too much space on our dressers at home. They take up for too much time for small businesses trying to grow and create jobs.”
Everything rounded to the nickel!
Oh for the love of god
I'm behind the removal of the penny (and probably everything up to the loonie tbh) but is Flaherty trying to sound like a cliche here?
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Eliminate nickels and dimes? So, you would enjoy having prices rounded to the nearest 25 cents? You must really enjoy strategic pricing aimed at the business making up to 13 cents extra on every purchase.