No more Canadian Penny, 1 cent is going into retirement

No more pennies Starting today in Canada,February 4,  the solution to this big change, rounding up and rounding down , for example

Round Down:  $1.01 or $1.02 = $1.00
$1.06 or $1.07 = $1.05

Round Up: $1.03 or $1.04 = $1.05
$1.08 or $1.09 = 1.10

Here is an image

canadian pennies round up and round down


Here is an example :



Feb 4 2013, will be recorded in the Canadian history for the ending of pennies.



Source: mint




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