A penny for your thoughts? Not if you're Canadian! Soon, there'll be no penny in Canada.
Canada's iconic penny is slowly but surely going out of circulation, as the Royal Canadian Mint is officially stopping distributing the coins and businesses are rounding cash transactions to the nearest five-cent:
Slowly but surely, 82-million kilograms of steel, nickel and copper plating will travel in patrons’ pockets to stores and banks. The pennies themselves will remain legal tender indefinitely, but it’s at the discretion of individual businesses if they’ll accept the coins. From there, businesses can hand them over to banks, who can pass them on to the Canadian Mint.
The coin’s last stop after the Mint will be a foundry, which will melt the pennies down and recycle the metal.
Canada's National Post has the story: Link
Oh wait.. I keep forgetting. In America we hate using logic and critical thinking to solve problems. It's all about emotions and first judgments.