Canada’s penny heads into retirement
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"As of Feb. 4, the Canadian penny will no longer be distributed. All cash transactions will be rounded up or down to the nearest five-cent increment."
Read more: http://www.theprovince.com/Canada+pe...xzz2JuG5M EHI
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What do you think? Personally, it was my hobby to collect pennies (collected over 2000 pennies)  Bye-bye penny!
Ponyo
says thanks to jim1 for this post.
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02-04-2013 at 02:53 AM
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#2
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Professional Fangirl
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I guess now it really will be lucky if you find a penny on the ground
and I suppose this means no more prices ending in .99! |
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02-04-2013 at 07:18 AM
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#3
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Quote:
Originally Posted by ooburii
I guess now it really will be lucky if you find a penny on the ground
and I suppose this means no more prices ending in .99! |
I actually saw an article entirely about what will happen to prices ending in .99, and apparently in countries where they already got rid of the penny they still have those prices, so people aren't really anticipating huge changes. |
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02-04-2013 at 07:12 PM
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#4
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yeah all that .99 stuff will stay the same, Im pretty sure.
Debit/credit transactions will be the same (so if your total is $10.91, you will pay that much) but if you pay in CASH it will be rounded up/down.
If you want to give/pay in pennies, you can, but the cashiers can't/won't give you pennies back.
Source- I'm a cashier
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02-04-2013 at 07:58 PM
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#5
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Ppl better be rounding down.
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02-04-2013 at 08:04 PM
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Quote:
Originally Posted by Leeoku
Ppl better be rounding down.
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$1.01, $1.02 = round down to $1
$1.06, $1.07 = round down to $1.05
$1.03, $1.04 = round up to $1.05
$1.08, $1.09 = round up to $1.10
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02-04-2013 at 08:07 PM
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#7
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Apparently some stores are using this as a PR thing, and saying they will always round down |
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02-04-2013 at 08:44 PM
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#8
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so wait, no more ass pennies?
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02-04-2013 at 10:34 PM
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#9
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that's all i had in my wallet ...
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