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Home » Topics » Royal Canadian Mint

Canada quits making pennies

A Canadian penny is pictured in March 2012 . Canada's last penny was struck Friday at The Royal Canadian Mint's manufacturing facility and will become a museum piece as the one-cent coins are withdrawn from circulation. (AFP Photo/Michel Viatteau)

Canada’s last penny was struck Friday at The Royal Canadian Mint’s manufacturing facility and will become a museum piece as the one-cent coins are withdrawn from circulation. “For over a hundred years, the penny played an important role in Canada’s coinage system,” said Finance Minister Jim Flaherty. “Although the cost…

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