• Fri 86°F / 53°F

Canada Says Farewell to the Penny

Ablestock.com/Thinkstock(WINNIPEG, Manitoba) -- In an effort to save the government money, officials in Canada made the decision some time ago to stop making the Canadian penny.  On Friday, the country held a final minting ceremony for the coin, which was part of the Canadian economy since 1858.

During the ceremony, the last of the coins to be minted came down a chute and fell into a glass bowl as witnesses applauded.

Steve Lambert of the Canadian Press says not to worry, though.  The coins will still be around.

"People are being asked to donate their pennies to charity, but in the meantime, they will still continue to use them," Lambert said. "We're going to see pennies for a long time."

Copyright 2012 ABC News Radio

Advertise With Us

Would you like to advertise on East Idaho News? Fill out this form to contact a representative.
  • Full and Last
  • The name of your company, business or brand.