Today is the day Canada says "Au revoir" to the penny.
But not completely "Goodbye" for ever.... well, not yet anyway. The copper one cent coin will still be legal tender, but there will be no more pennies produced at the mint. However, there's about six billion pennies in circulation, so they won't disappear in a hurry.
It actually costs 1.6 cents to produce each 1 cent coin. No wonder the government makes me pay so much tax!
And I won't have to carry around a purse bulging with heavy coins.
But what will happen to the penny arcade?
Will we still be able to buy penny stocks, or walk down Penny Lane?
What will penny-pinchers pinch now?
Will items costing a pretty penny no longer be considered pretty? Just putting my 2 cents worth in.