deepblue Posted May 27, 2010 Share Posted May 27, 2010 They are talking up here in Canada about getting rid of the penny. Im all for it...they take up too much space in my change jar. Opinions? Link to comment Share on other sites More sharing options...
Big Bill Posted May 27, 2010 Share Posted May 27, 2010 They are talking up here in Canada about getting rid of the penny.Im all for it...they take up too much space in my change jar. Opinions? They're more of an annoyance than what they're worth. Link to comment Share on other sites More sharing options...
swleary Posted May 27, 2010 Share Posted May 27, 2010 I'm just confused on how it'll work...buy something and what will they do? round the number off? so but something and it comes to $1.13 the they round it to $1.15? Link to comment Share on other sites More sharing options...
ShredAstaire Posted May 27, 2010 Share Posted May 27, 2010 Hmm I hadn't heard that....will prices and tax structure reflect .05 cent increments? Or will it be rounded up or down if you pay cash for stuff? Interesting...i'd be for it if it didn't mess the whole system up. Link to comment Share on other sites More sharing options...
swleary Posted May 27, 2010 Share Posted May 27, 2010 It will mess things up huge... Link to comment Share on other sites More sharing options...
swleary Posted May 27, 2010 Share Posted May 27, 2010 I best bite my tongue, this could become very political ...haha Link to comment Share on other sites More sharing options...
LPguitarman Posted May 27, 2010 Share Posted May 27, 2010 Just another way to raise prices. Everything will have to be rounded off. You don't think they are going to round down do ya...? I pick up every penny I see on the ground, even if it's heads down. Link to comment Share on other sites More sharing options...
Big Bill Posted May 27, 2010 Share Posted May 27, 2010 I best bite my tongue' date=' this could become very political ...haha[/quote'] Some of the members can take a discussion on bellybutton lint and turn it political. So when they see this thread, it's going south before supper tonight. Link to comment Share on other sites More sharing options...
cabba2203 Posted May 27, 2010 Share Posted May 27, 2010 I didn't know the Canadian Govt. still allowed it's people to have money. Isn't your tax rate like 99.999999%? Link to comment Share on other sites More sharing options...
grampa Posted May 27, 2010 Share Posted May 27, 2010 It's stupid. You cannot have any accounting or measuring system without the single unit. That's like saying get rid of one inch. you must have the single unit of whatever you measure or count. Link to comment Share on other sites More sharing options...
Big Bill Posted May 27, 2010 Share Posted May 27, 2010 How about 0.10? Link to comment Share on other sites More sharing options...
deepblue Posted May 27, 2010 Author Share Posted May 27, 2010 I didn't know the Canadian Govt. still allowed it's people to have money. Isn't your tax rate like 99.999999%? Yes, we are taxed alot, but we also have one of the best health care systems in the world. We dont need to mortgage our homes in order to see a doctor or receive treatment. Link to comment Share on other sites More sharing options...
Big Bill Posted May 27, 2010 Share Posted May 27, 2010 Link to comment Share on other sites More sharing options...
Tim Plains Posted May 27, 2010 Share Posted May 27, 2010 I say keep it. I pay $1.52 for my morning coffee and there's no way I'm paying them $1.55!! Link to comment Share on other sites More sharing options...
cabba2203 Posted May 27, 2010 Share Posted May 27, 2010 Yes' date=' we are taxed alot, but we also have one of the best health care systems in the world.We dont need to mortgage our homes in order to see a doctor or receive treatment.[/quote'] I happen to not prefer any government control of my healthcare. I've never had to mortgage anything to get treatment or wait on a list for screenings or tests. I pay for my own health insurance in addition to my health benefits from my employer. Lets not take a joke and turn it into a political snowball fight. Link to comment Share on other sites More sharing options...
SHO Posted May 27, 2010 Share Posted May 27, 2010 Just another way to raise prices. Everything will have to be rounded off. You don't think they are going to round down do ya...? Rounding up is what they've done here when we got rid of the 0.05SEK and 0.010SEK coins. They are dumping the 0.50SEK coin soon. Personally I'm not that bothered though. The Swedish Krona is so damned low, even the 1SEK coins are pretty much useless and all the change just fills up my pockets. As I understand it, the countries that introduced the Euro suffered some pretty major price raises as well when they had to round off the old prices to something nice and even in euros. Link to comment Share on other sites More sharing options...
swleary Posted May 27, 2010 Share Posted May 27, 2010 Yes' date=' we are taxed alot, but we also have one of the best health care systems in the world.We dont need to mortgage our homes in order to see a doctor or receive treatment.[/quote'] I'd hate to correct you DeepBlue. We do have a good health care system, I totally agree with you on that one. However our system is over working the people in health care to the brink of collapse, many are off due to mental illness because they are way over worked... Goverment is only giving a 1.5% operating increase to health care this fiscal year. Things are going to get even tougher on the system. London ,Ontario...60 nurses laid off because they had one CEO for two hospitals. Dude retired and now they have to hire another two to fill one guys place. Have to get the money some how so they laid off a crap load of nurses. Anyways off topic again lol Doubt they will get rid of the penny but if they do it'll screw up everything. Americans won't be happy either because they still do have a penny. When they come here to visit, oh man they'll be pissed because they have to pay even more for stuff...Not good for our economy. Link to comment Share on other sites More sharing options...
swleary Posted May 27, 2010 Share Posted May 27, 2010 I say keep it. I pay $1.52 for my morning coffee and there's no way I'm paying them $1.55!! So you only get a large timmies in the morning Tim? you can't handle an extra large big boy ? lol..kidding Link to comment Share on other sites More sharing options...
dem00n Posted May 27, 2010 Share Posted May 27, 2010 A way so the goverment can make more money? Link to comment Share on other sites More sharing options...
deepblue Posted May 27, 2010 Author Share Posted May 27, 2010 I'd hate to correct you DeepBlue. We do have a good health care system' date=' I totally agree with you on that one. However our system is over working the people in health care to the brink of collapse, many are off due to mental illness because they are way over worked... Goverment is only giving a 1.5% operating increase to health care this fiscal year. Things are going to get even tougher on the system. London ,Ontario...60 nurses laid off because they had one CEO for two hospitals. Dude retired and now they have to hire another two to fill one guys place. Have to get the money some how so they laid off a crap load of nurses. Anyways off topic again lol Doubt they will get rid of the penny but if they do it'll screw up everything. Americans won't be happy either because they still do have a penny. When they come here to visit, oh man they'll be pissed because they have to pay even more for stuff...Not good for our economy. [/quote'] I agree with you. Our health care system is abused big time....since its free, you have people running to the doctor or to the emergency ward for every little thing. Link to comment Share on other sites More sharing options...
swleary Posted May 27, 2010 Share Posted May 27, 2010 I agree with you. Our health care system is abused big time....since its free' date=' you have people running tothe doctor or to the emergency ward for every little thing.[/quote'] you hit the nail right on the head there DP.....crap I have a hang nail..off to emerge I go...maybe I'll spend my $1.52 on the way there hehe Link to comment Share on other sites More sharing options...
Artie Owl Posted May 27, 2010 Share Posted May 27, 2010 As the cost of living rises and inflation and all that jazz comes around it's natural to drop the lower amounts of coinage. That's why we don't have tuppence, or ha-pennies anymore. First off, getting rid of the penny makes those people ahead of you in line at the coffee shop who INSIST on paying in exact change a little quicker, instead of pouring out the contents of their purse/sock/breadbag they're carrying their coinage in. There has got to be a layer of hell reserved for these people. Also, businesses don't need excuses to round off amounts at the cash, they do that anyway. Lets use the Tim's equaion for a second for an average coffee drinker. 1.52(coffee) X 3 (coffee per day) X5 (weekdays) X 48 (work weeks not including holidays) = $1094.40 1.55(coffee) X 3 (coffee per day) X5 (weekdays) X 48 (work weeks not including holidays) = $1116.00 Over one year the difference is $21.60 If they DON'T get rid of the penny and you save the difference, every year, in 138.8 years you could buy a new Les Paul! Or just make your damn coffee at home and save a grand a year. Just my five cents though. Link to comment Share on other sites More sharing options...
deepblue Posted May 27, 2010 Author Share Posted May 27, 2010 Or just make your damn coffee at home and save a grand a year lol!.....Tim Hortons coffee tastes like burnt cardboard. I dont know why its so popular here in Canada. Where I live right now, theres 6 within walking distance from me. Canadians enjoy their mediocrity. I make mine at home and enjoy it! Link to comment Share on other sites More sharing options...
Daryl M Posted May 27, 2010 Share Posted May 27, 2010 If they take away our pennies, how will we put in our "two cents worth?" Link to comment Share on other sites More sharing options...
Artie Owl Posted May 27, 2010 Share Posted May 27, 2010 lol, didn't read my post eh? Link to comment Share on other sites More sharing options...
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