Tooting Our Own Horn

Dave Killion — March 31, 2012

You might remember this post –

“That’s right… I’m boycotting the penny.  Join me, and soon the government will get the message and quit wasting our money… the next time you buy something and the clerk is grabbing coins out of the till, I hope you will be like me and say, “No pennies, please.”

Well, it appears that our campaign has been successful –

“Canada’s government on Thursday announced its intention to withdraw the penny from circulation, saying it costs more to produce than its face value.

“Pennies take up too much space on our dressers at home. They take up far too much time for small businesses trying to grow and create jobs. It costs taxpayers a penny-and-a-half every time we make one,” said Finance Minister Jim Flaherty.

“We will, therefore, stop making them.”

You’re welcome.

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