We constantly evaluate the effectiveness of the coinage program. I would note for the committee's benefit that we still earn substantial seigniorage from the coinage program as a whole. There are no plans to eliminate the penny at this time.
Senior Associate Deputy Minister, Department of Finance
We constantly evaluate the effectiveness of the coinage program. I would note for the committee's benefit that we still earn substantial seigniorage from the coinage program as a whole. There are no plans to eliminate the penny at this time.
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