Comment Comment by cbhl Worth noting this piece was written in 2002. Ten years later in 2012, Canada finally took the penny ($0.01 coin) out of circulation.Cash transactions were to be rounded to the nearest nickel, whereas cashless transactions were still computed in pennies.(As far as I can tell, the main reason the US hasn't done the same is due to the prevalance of souvenir penny press machines.) parent cbhl 2 years ago
Cash transactions were to be rounded to the nearest nickel, whereas cashless transactions were still computed in pennies.
(As far as I can tell, the main reason the US hasn't done the same is due to the prevalance of souvenir penny press machines.)