RE: A Penny For Your Thoughts?

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A lot of us Canadians thought it'd be more... impactful... when we dropped the penny. It turned out to be mostly a non-issue. Very rarely do folks transact in cash, and when they do you just round up or down to the nearest 5c. So sometimes you'll technically pay less than someone buying with their bank debit/credit card, and sometimes you'll pay more (by a cent or two) and it all balances out more or less. It's been... god, at least a decade now without the penny and I've barely ever thought of it. We can still turn in old rolls of pennies to the bank if we desire, but I've got a few that I'm just going to hold onto until the kids are old lol.

hive-112018
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I have a fair stack of Canadian change I've received over the years by mistake that I kept purely for novelty, some from before Queen Elizabeth II. One upon a time, the exchange rate between the US and Canadian dollar was based on US coinage being 90% silver and Canada at 80%. Now it floats arbitrarily, but Canada fell below the penny utility threshold first.

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