Today I was very disappointed to learn that my evil plan to get rid of over 1,000 pennies is going to fail miserably. Over the past few years, I collected over 1,000 pennies. My plan was to take all the pennies and buy something with them and enjoy the look on the cashier’s face while attempting to count the pennies. I thought that cashiers are obligated to take all the pennies. Well, I was wrong, according to a CBC article titled Save the penny or leave the penny?
In Canada, the Currency Act says, “A payment in coins … is a legal tender for no more than … twenty-five cents if the denomination is one cent.” No one is legally obligated to accept more than 25 pennies at a time.
Here you can find the Royal Canadian Mint Act and the Currency Act and the limits on all coins.
There goes my evil plan 
I look forward to a Canada without the penny.
What do you think?
1 response so far ↓
Shawn Taylor // August 8, 2007 at 10:23 am
Too funny. But then we’d need a 2 cent coin right?
Down with the penny!
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