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The Canadian Penny

As of February 4th, 2013, the Royal Canadian Mint will no longer circulate the penny. What this means to us:

  • Customers can continue to use pennies for cash transactions indefinitely, if available, as they are still considered legal tender
  • When pennies are not available, cash transactions will be rounded to the nearest five-cent increment in a fair and transparent manner.
  • We do not round prices for individual items. Only the final total price will be rounded.
  • We do not round automatically if consumers have the exact change.
  • Sales taxes will not be rounded. Only the final total price will be rounded.

Please note it will take a long time for the penny to disappear, therefore we will continue to accept and use the penny until they are no longer available.




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