Excited to start over! WWG1WGAWW !!! One day I want to wake up and find myself living in the..... UNITED STATES OF "NORTH" AMERICA
In response rQy Herman Kellerman to his Publication
It was phased out in Canada back in May of 2012, it really wasn't a big issue,
How Rounding Works:
Cash Payments: Totals are rounded to the nearest 5 cents (e.g., $1.02 becomes $1.00, $1.03 becomes $1.05) after taxes are calculated.
Non-Cash Payments: Debit, credit card, and cheque transactions are still processed to the exact cent.
Why It Was Removed:
It became uneconomical to produce, costing more than the penny's face value.
Surveys showed Canadians were using them less, and the cost of making them was significant.