The Canadian Tory government has announced that it's discontinuing the minting of new pennies, as the coins are expensive and considered a "nuisance" by businesses and their customers. As Steven Chase writes in the Globe and Mail:
“It costs taxpayers a penny-and-a-half every time we make one,” Finance Minister Jim Flaherty told the Commons, adding the move will save taxpayers $11-million annually.
...The increasing scarcity of pennies means Canadians will have to get used to cash transactions being rounded off if they’ve got no pennies on hand.
Ottawa is suggesting businesses round off cash transactions to the nearest five-cent increment but says it’s leaving this to businesses to work out for themselves.
When I was (briefly) at the University of Waterloo, the Engineering faculty's cafeteria had an option to dispense with change altogether: when your bill was added up, you could opt to gamble on rounding, with the direction -- up or down -- dependent on your change. In other words, if you had $3.83 owing to you, you'd have an 83% chance of getting $4 back, and a 17% chance of getting $3 back.
The federal budget’s one-cent solution (via Consumerist)
(Image: CANADA, GEORGE V 1920 ---FIRST ISSUE, SMALL ONE CENT a, a Creative Commons Attribution Share-Alike (2.0) image from woodysworld1778's photostream)
“I look at this election not as a victory for Mr. Trump, who wins the election as the most unpopular candidate in perhaps the history of our country, but as a loss for the Democratic Party.” -Senator Bernie Sanders, speaking to a sold-out crowd in San Rafael, CA.
Indian Prime Minister Narendra Modi is an authoritarian war criminal who is part of the worldwide surge of trumpist leaders and hopefuls, including Philippines president Rodrigo Duterte; Hungary’s Viktor Orbán; Russia’s Vladimir Putin; South Korea’s Park Geun-hye; France’s Marine Le Pen; the UK’s Nigel Farage, Turkey’s Recep Tayyip Erdoğan and others — bound together by […]
Though the October polls that predicted a great showing for the Pirate Party in the Icelandic elections turned out to be wrong, that election did end with a deeply divided parliament that has been unable to find enough common ground upon which to form a new government.
Loot Crate is a totally different kind of subscription service that mails subscribers monthly boxes filled with curated geek, pop culture, and gamer paraphernalia. Its cult following awaits a box every month filled with everything from bobble heads to T-shirts to special edition collectibles. But nothing gets Loot Crate fans as excited as the limited […]
The ARMOR-X Mini Flexible Phone Tripod is a smartphone tripod that is designed with flexible legs to rest on virtually any type of surface. Other tripods have proved useless unless I conveniently have a flat surface in front of me, which is why this particular tripod was appealing enough to try out. The ARMOR-X is compact and easy […]
You don’t need to get an advanced degree and take out massive loans to become a coder. This bundle of 10 courses was designed to teach anyone to code at home for less than it costs to go out for dinner. I was particularly impressed with this new 2017 bundle because it includes courses on […]