Canadians are saving $11 million every year because of the penny, a Canadian official told Newsweek. Could the U.S. follow?

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Today’s smaller coin is made mostly of zinc, according to the U.S. Mint. For comparison, the Canadian government eliminated the penny from its coinage system in 2012 because inflation eroded its ...

which stopped minting its one-cent coin in 2012. One 2018 economic analysis found that Canadian consumers paid about $3.27 million in additional Canadian dollars at grocery stores each year due to ...

The U.S. is by far the largest market for Canadian canola seed, oil and meal. Canada ships close to $9 billion worth of ...

Elon Musk's Department of Government Efficiency is targeting one of the federal government's most notorious examples of waste: the penny. Getting rid of the penny would be an early test of DOGE's ...

WASHINGTON - U.S. President Donald Trump suggested his administration could move ahead with with 25 per cent across-the-board tariffs on Canadian imports on Feb. 1. He delivered the deadline on ...

THE CANADIAN PRESS/Pool Photo via AP-Kevin Lamarque WASHINGTON — U.S. President Donald Trump suggested his administration could move ahead with with 25 per cent across-the-board tariffs on ...

President Donald Trump's return to office could be inaugurating a new landscape in cryptocurrency. Just two days after launching the new $TRUMP cryptocurrency meme ...

United States President Donald Trump said Monday night that he thinks a 25 per cent tariff on Canadian imports could go into effect on Feb. 1, capping a roller-coaster first day in office in which no ...

Elon Musk is the leader of DOGE, which was established by President Donald Trump via executive order on Monday. © 2024 Fortune Media IP Limited. All Rights Reserved ...