The Canadian Press

2013-02-04 | Penny Farewell

Preview Clip

The Royal Canadian Mint officially ended its distribution of one-cent coins to Canada's financial institutions. But Shelly Glover, the parliamentary secretary to Finance Minister Jim Flaherty, said businesses could still accept the copper pieces as long as they chose. Glover added the pennies that remained in circulation would retain their face value indefinitely. (Flaherty announced the demise of the penny in 2012 as a cost-saving measure, as it cost more to make a penny than it was worth.)

Date: 2013-02-04
Placeline: OTTAWA, Ontario.
Source: The Canadian Press
Length: 9 seconds

Transcript Prediction: << Denny's will retain their value indefinitely so they can continue to be used as long as they are available and with businesses that are willing to accept them >>