Royal Canadian Mint: Sensible Decision

Finance Minister Jim Flaherty Dept: The Royal Canadian Mint in Winnipeg struck the final one-cent coin under the eye of Finance Minister Jim Flaherty on Friday, according to The Star. The time has come to make the sensible decision to end production of the coin, which is underused by Canadians, no longer vital to commerce and ultimately a burden on Canada s balance sheet, Flaherty said and wINNIPEG The last penny has dropped in Canada. Flaherty pushed a button on a machine that moments later spit out the last batch of shiny pennies to enter circulation. (www.immigrantscanada.com). As reported in the news.