Ph / getmoneyenergy.com
The federal government has decided to stop production on these little guys since they cost a lot to produce and they really don’t carry very much value at all.
The cut back will save about $11 million a year.
You’re probably wondering about purchases that cost $1.04 or $5.12 (after tax). Well, you can still grab that coffee for a loonie, and that eyeliner for a 5-dollar bill and a dime.
And for all you penny hoarders, time to get those coins out of the jars and get crafting with these cute penny D.I.Ys:
Ombre penny art from mycoveredbridge.blogspot.ca
Penny broaches from marthastewart.com