moved for leave to introduce Bill C-531, An Act to amend the Currency Act and the Royal Canadian Mint Act (abolition of the cent).
Mr. Speaker, let me clear. This is the abolition of the cent, not the abolition of the Senate.
This bill is based on the premise that the penny is of no commercial value. It does not circulate and it costs more to produce than it is worth. I guess there are some parallels to the Senate. There are approximately 20 billion pennies--