Canada had done away with its penny and cash purchases are now rounded up or down to the nearst .05 cents.
On an individual basis — it's negligible. However - imagine all 35 million CDN's making just one cash purchase per day which has been rounded up by just one penny... that's a cool CDN $350,000.00 of "lost money" - legally stolen from the populace by the stroke of a pen.
USSA has ten times the population = that's $3,500,000.00 ...DAILY!
RE: Why I collect copper pennies and you should too.