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Home 2012 May

The Penny Elimination And Its Impact On Retail

By a2r_admin | Uncategorized | 0 comment | 7 May, 2012 | 0

May 07, 2012 The Economic Plan 2012 Last March, the Canadian Government announced, as part of its Economic Plan 2012, that it will eliminate the penny from Canada’s coinage system since the cost to produce it has significantly surpassed its value as a mean of payment. The Royal Canadian Mint will cease distribution of penniesRead more

The Penny Elimination And Its Impact On Retail

By a2r_admin | Financial, Point of Sale (POS), Uncategorized | 0 comment | 7 May, 2012 | 0

The Economic Plan 2012 Last March, the Canadian Government announced, as part of its Economic Plan 2012, that it will eliminate the penny from Canada’s coinage system since the cost to produce it has significantly surpassed its value as a mean of payment. The Royal Canadian Mint will cease distribution of pennies to financial institutionsRead more

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