The Last Day of the Canadian Penny

Discussion in 'Off The Beaten Track' started by kwanfan1818, Feb 5, 2013.

  1. Norlite

    Norlite Well-Known Member

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    :confused: I have no idea where you got the idea that a private business is legally obligated to accept your pennies ( or any denomination for that matter, think $100. bill for example), now, last week or last year.

    It's bad business practice maybe. But illegal? No.
     
  2. manhn

    manhn Well-Known Member

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    Well, I got another cup of coffee this morning that costs whatever dollars and 34 cents. Did I get rounded up? Nope. They gave me back whatever dollars and whatever-one cents back in change. I bet they realized that most of their customers are cheap and will use their credit cards just like me.
     
  3. Artemis@BC

    Artemis@BC Well-Known Member

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    You are correct -- although to be fair to Habs and any other logically thinking human being, it certainly makes sense that a business would be required to accept what is legal tender. But no, they're not.

    Here's what the federal government has to say about the penny, by the way. Penny FAQ