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Last Canadian Penny Will Be Manufactured Today
Toronto/AM640 News

5/4/2012

Finance Minister Jim Flaherty will be in Winnipeg today as the last Canadian penny is manufactured this morning.

Flaherty announced in his March 29th budget that the one-cent coins would no longer be produced.

The government is expected to save approximately 11 million dollars a year as they cease production being that it costs more to manufacture a penny than it's actually worth.


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