• October 30, 2014
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Author Topic: No more Canadian pennies  (Read 8926 times)
wet_blanket
Some kind of
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« Reply #15 on: April 02, 2012, 1:27:11 PM »

The Australians gave up pennies years ago.  Items may be priced to the penny, but when it comes time to pay, the cost is rounded up or down to the nearest 5.  IIRC the Kiwis have done the same thing.

The smallest Kiwi denomination is 10c.  In theory things are rounded, but in practice it has been unusual to deal in cash for more than a decade.
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clean
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« Reply #16 on: April 02, 2012, 1:31:41 PM »

some time ago I started a thread on 'spare change'.  I spent my recent batch this week.  I paid my cleaning in part with $40 in rolled quarters and I used $7 more to buy/squander/lose/gamble on this weekends big draw.

I know that I have at least $7 more in rolled pennies in there now... glad that I thought of that, as I am on the way to the bank!   Thanks Fora!

So what do you think Canadians will do?  Will they start to carry pennies now for those transactions that will round, or as was posted  a few minutes ago, switch to credit?
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"The Emperor is not as forgiving as I am"  Darth Vader
llanfair
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Whither Canada?


« Reply #17 on: April 02, 2012, 8:58:34 PM »

We've always carried pennies, if we get them as change; lots of people are too Scottish to throw out money, even pennies.  But a lot of people won't bother rolling them, for example (tho' I do, because I'm 1/4 Scottish and weird withal).
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Stop looking for zebras when the horse is already standing on your foot.
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