Canadian penny costs more than a cent to make - Canwest News Service
Oct 6
Canada’s venerable penny now costs more than a cent to make, according to secret documents obtained by Canwest News Service.
The documents, obtained through the Access to Information Act from the Bank of Canada, say that “due to rising labour, metal and other manufacturing and distribution costs, each penny now costs more than one cent to produce.”
Read article: Canadian penny costs more than a cent to make - Canwest News Service
Filed in: Canadian Coins, Uncategorized, World Coins
Article Tags: Pennies.
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