March 29, 2012
AND CANADA SHALL LEAD...:
Canada Eliminates Penny Costing Penny-and-a-Half to Make (Jacqueline Thorpe, Mar 29, 2012, Bloomberg)
Canada will withdraw the penny from circulation this year, saving taxpayers about C$11 million ($11 million) annually and forcing retailers to round prices to the nearest nickel, the government announced in its budget today.
Posted by Orrin Judd at March 29, 2012 7:46 PM
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