The penny has been a form of currency in Canada since 1858. The very first Canadian made penny was pressed on January 2, 1908, at the newly opened Royal Mint in Ottawa. Since 1908 over one million pennies have been minted each year. This past March, the Federal government decided to take the penny out of circulation as it cost $11 million dollars a year to produce. On May 4th , 2012 the last Canadian penny was minted.
In its 154 years, over thirty five billion pennies have been issued in Canada and is the most collected of all coins. Who hasn’t emptied their too full change purse or pocket of those pesky pennies and filled a jar, drawer or the cup holder of their car? Finance Minister Jim Flaherty has suggested gathering up your pennies and donating them to charity. “ I can think of no better tribute for this historic coin and consider it fitting that they could have a lasting impact in the service of causes that Canadians believe in…” Flaherty said.
We are happy to give your pennies a new home. We welcome all donations, rolled or unrolled. Bring us your jars, bags and boxes – every penny counts and you can count on us to put every cent to good use.
For more information on our Penny Drive or to make a donation please call 613-725-3601 ext.113.