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  1. 4 Φεβ 2013 · TORONTO — The phasing-out of the penny will lurch ahead Monday with the Royal Canadian Mint officially ending its distribution of one-cent coins to Canada’s financial institutions. The move comes nearly a year after Finance Minister Jim Flaherty announced the demise of the penny, whose production cost came to exceed its monetary value.

  2. 30 Μαρ 2012 · In about six months the Royal Canadian Mint will stop distributing Canadian coppers. What's going to happen to the pennies that are in circulation? Starting in the fall, businesses will...

  3. 19 Δεκ 2012 · OTTAWA, Ont. — The demise of Canada’s one-cent coin next year will cost taxpayers a pretty penny. Finance Minister Jim Flaherty announced the impending withdrawal of the penny in last March’s budget, saying the government would save $11 million a year in production costs.

  4. 4 Φεβ 2013 · Canada’s iconic penny gets one step closer to extinction Monday as the Royal Canadian Mint officially stops distributing the coins to financial institutions. Businesses are now beginning to...

  5. 4 Μαΐ 2012 · We are ready to meet the future by ensuring that all Canadians who need coins can continue to use them thanks, in many ways, to the humble penny. With fewer pennies available, finding one lying around just might prompt your inner collector to pick it up.

  6. canadiangeographic.ca › articles › farewell-to-the-canadian-pennyFarewell to the Canadian penny

    3 Φεβ 2013 · On February 4, 2013, The Royal Canadian Mint will no longer be minting our smallest form of currency: the penny. Though the coin will still be in circulation for years to come, it will surely be missed by collectors and currency aficionados for years to come.

  7. 9 Απρ 2012 · With the penny gone and the triumph of plastic over paper bills only months away, the research and development department of the Royal Canadian Mint has proposed going one step further: the...

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