Canada withdraws the penny in 2012

March 29th, 2012 Leave a comment Go to comments

The federal government has announced that Canada will withdraw the penny from circulation in 2012.  This means if someone offers a penny for your thoughts, they will have to pay by cheque.

I think they have not fully considered the ramifications of their decision.  For example, anyone selling something that costs a pretty penny will now need to sell a five pack if anyone wants to pay by cash.

If someone usually has to think for a minute before the penny drops, they will be in trouble.

Finally, people who are used to putting their two cents in will need to have opinions that are 2.5 times better.

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