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Canada's last penny

"It costs taxpayers a penny-and-a-half every time we make one," said Finance Minister Jim Flaherty
Canadian Finance Minister Jim Flaherty tries on shoes as he shops in Ottawa on March 28, as part of the tradition of budget day. Canada's government announced its intention to withdraw the penny from circulation, saying it costs more to produce than its face value. (AFP Photo/Rogerio Barbosa)

The country's last penny was produced at the Royal Canadian Mint in Winnipeg on May 4. The government announced plants to stop producing the copper coins in Canada's 2012 federal budget.