Things that are banned: Canadian pennies

Things that are banned: Canadian pennies

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Episode Transcript

Speaker 1 (00:00):
It is time for the fact of the day, day day,
day day.

Speaker 2 (00:07):
Yeah, dude, do is it the highest fact of the
day jingle ever sung?

Speaker 3 (00:20):
It was a hard breath and I think because of
the alter church speaking of the altitude. The bags of
chips all get all puffed up.

Speaker 2 (00:27):
I know, my bag of chips like is like puffed up.

Speaker 3 (00:31):
I was like, what the hell is this bag of
chips all puffed up?

Speaker 2 (00:34):
Like in the room?

Speaker 4 (00:34):
Do you not see the beg of chips when the
car brought a bag of chips up in the car
before and I just did it.

Speaker 3 (00:42):
I just didn't know why neither.

Speaker 2 (00:44):
I was so amazed, like it's like at any time
the bank.

Speaker 4 (00:47):
But it's also kick in the kicking the nuts reminder
of how much ear is in a bag of chips. Predominantly,
it's band week here affected the day. Things that a
band around the world are usual bands. And this band,
while it was put in place a little while ago,
is still standing in Canada. Okay, you are not allowed
to pay for anything in Canada with more than twenty

(01:07):
five pennies at once.

Speaker 2 (01:08):
Oh, that's a good rule.

Speaker 4 (01:11):
It was a ban because they wanted to take pennies
out of circulation. In twenty twelve they stopped printing them,
and in twenty thirteen they bought in this rule. You're
not allowed to just like dump all your pennies on
a RecA. This is one cent, right, yeah, yeah, the
equivalent of like a one cent yeah, one sint coined. Yeah,
So go in and buy a fifty dollars purchase and
pay with it all for pennies. Do you know the

(01:33):
people could be giving change if they head change for
a penny, they had to give the pennies back out,
and so that then rather than one large collection of pennies,
the pennies got spread far and wide and were harder
to recall.

Speaker 2 (01:44):
Does that make sense? Yeah, I get what you're saying.

Speaker 4 (01:46):
Yeah. Whereas if you had fifty dollars or the pennies
they wanted, they were encouraging you to take them to
the bank, Yeah, cash them in for the denomination that were,
however much it came to, and then they would then
send the pennies for destruction, right to take them out
of sirination.

Speaker 1 (02:00):
I thought it was because you know, although you see
every now and again the odd news story or a
video someone that gets a parking ticket, and as an
if you to the council, they wheelbarrow and two hundred
dollars and one cent points.

Speaker 4 (02:12):
Yeah, they go to the bank and they get them.
But as legal tenders that they have to accept it. Yeah,
and they have to count.

Speaker 2 (02:18):
Als around that.

Speaker 3 (02:19):
Now because speaking of post pandemic, a lot of places
don't take cash, and there was always like you have
to illegally have Yeah.

Speaker 2 (02:25):
I've seen.

Speaker 4 (02:27):
A few places even in the last few days, people
oh no, we don't accept cash. Yeah, and I don't
know because they are a private business, right, so they
kind of get to But whereas when you're paying a
fine that's a government department or a local council.

Speaker 2 (02:43):
Yeah, but you.

Speaker 4 (02:43):
Could choose to refuse it if you're I don't know
what of the dealers with the private.

Speaker 3 (02:47):
Why don't you know that? Vaorn You know, that's really
frustrated many I've fall.

Speaker 4 (02:50):
Behind of my business studies by one your legislation, you know,
I really hut myself down. I'd like to apologize to everybody. Yeah,
especially when my parents were let down to have a
who doesn't know legislation, been disappointed currency legislation, legislation.

Speaker 2 (03:06):
So today's and it's by the way, this still stands.
They don't reckon.

Speaker 4 (03:08):
There's many pennies out there in circulation, but it's still
in our ongoing rule. Any pities, not many pennies, How
many pities, Not many, not many many, many, many pennies
and pities. So today's spected to day is in order
to phase out the penny. In Canada, they made a
ban on paying for anything with more than twenty five
pennies at once.

Speaker 2 (03:27):
Fact of the day, day day day day. Yeah, do
do do.

Speaker 4 (03:32):
Do do do do do do do do do do
do do do do do do do do do do
do do do do do do do do do do
do do