Content about Coins of Canada

January 30, 2013

Most retailers in Canada are ready for a phase-out of 1-cent coins, a national retailing trade group said Wednesday.

TORONTO — Most retailers in Canada are ready for a phase-out of 1-cent coins, a national retailing trade group said Wednesday.

The Retail Council of Canada said the majority of the country's retail businesses were prepared for the disappearance of the penny and will follow the government's proposals for determining prices.