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  A pretty penny: Toronto man’s auction of last roll of Canadian pennies could net him thousands

  A Toronto man’s decision to buy a commemorative roll of Canadian pennies for $10 may end up netting him more than $1,600 after he discovered the coins were the last roll ever distributed.

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  Canadians still expect retailers to accept pennies for purchases: poll

  Canadians aren't expecting to save all of their pennies and nearly three-quarters want retailers to keep accepting the coin even though it's being phased out, says a new survey.

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  Penny profit: Is it possible to make a mint on Canada's new rounding rules?

  As the Royal Canadian Mint officially stops distributing the penny today, and merchants wade into the unexplored frontier of rounding transactions to the nearest nickel, is there a way to profit from the change?

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  As penny goes obsolete, creative Canadians preserve coin

  The Canadian penny took another step Monday on what could be a long road to extinction, with businesses given the ultimate short-term power of deciding whether they want to keep accepting them.

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  In last days of penny, businesses get ready for change

  Businesses across Canada are ready for change -- they just won’t be taking pennies. With the one-cent coin scheduled to go out of circulation on Feb. 4, 2013, all businesses from retailers to restaurants are preparing for when they’ll have to start rounding their cash transactions.

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  Demise of one-cent coin to cost a pretty penny

  A new analysis of costs shows that redeeming the mountain of circulating pennies beginning Feb. 4 will cost taxpayers about $7.3 million a year.

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  Jim Flaherty given power to pay for returned pennies

  A cabinet order has given Finance Minister Jim Flaherty the authority to pay financial institutions for the mountains of pennies they'll begin to return to the Royal Canadian Mint early next year.

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  Mint to stop circulating pennies in February

  The Royal Canadian Mint will officially stop circulating pennies as of Feb. 4, 2013, the Finance Department announced Monday, although the one-cent coin “will retain its value indefinitely.”