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Official Canada Thread with Current News
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<blockquote data-quote="klein" data-source="post: 926312" data-attributes="member: 23950"><p>Another change in our currency this Spring :</p><p></p><p><strong>Hey Canada, can you spare a nickel? Steel yourself for new loonies, toonies</strong></p><p><strong></strong></p><p>OTTAWA - Steel yourself, Canada, new one-dollar and two-dollar coins are about to become the latest version of the proverbial plugged nickel.</p><p>In an effort to save taxpayers about $16 million annually, new versions of the loonie and toonie will be introduced this spring made from steel, replacing the more expensive nickel found in the current versions of the coins.</p><p></p><p>The Canada Gazette says the current coins cost about 30 cents each to produce, while Kim says he's been told the new loonies and toonies will cost between four cents and six cents apiece.</p><p></p><p>Consumers likely won't notice the weight difference, but the Canada Gazette states that a truck load of the new loonies will weigh 980 kilos less than the old version, and 286 kilos less for a truck full of toonies, thus "improving fuel efficiency of transportation and reducing the carbon footprint of delivering coins to the Canadian public."</p></blockquote><p></p>
[QUOTE="klein, post: 926312, member: 23950"] Another change in our currency this Spring : [B]Hey Canada, can you spare a nickel? Steel yourself for new loonies, toonies [/B] OTTAWA - Steel yourself, Canada, new one-dollar and two-dollar coins are about to become the latest version of the proverbial plugged nickel. In an effort to save taxpayers about $16 million annually, new versions of the loonie and toonie will be introduced this spring made from steel, replacing the more expensive nickel found in the current versions of the coins. The Canada Gazette says the current coins cost about 30 cents each to produce, while Kim says he's been told the new loonies and toonies will cost between four cents and six cents apiece. Consumers likely won't notice the weight difference, but the Canada Gazette states that a truck load of the new loonies will weigh 980 kilos less than the old version, and 286 kilos less for a truck full of toonies, thus "improving fuel efficiency of transportation and reducing the carbon footprint of delivering coins to the Canadian public." [/QUOTE]
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