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Author: Bowman, John Save the Penny or Leave the Penny? 
 This April 2008 article describes how "Canada has been told to follow Australia and New Zealand and ditch the one-cent coin." Discusses the history of the Canadian penny (which derived from Britain's farthing), how Australia and New Zealand "removed their one- and two-cent coins in the early 1990s," inflation and the penny, rounding cash transactions, and the use of small change in Europe. From the Canadian Broadcasting Corporation (CBC). http://www.cbc.ca/news/background/economy/penny.html Topics: Money Last updated Oct 28, 2008 |
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