“While general production concludes today, the penny’s legacy lives on,” Kristie McNally, Acting Mint Director, said in the ...

One United States dollar is currently worth almost exactly 99 Canadian cents. It won’t be long, though, before it will be impossible to put 99 cents in your pocket north of the border. That’s because ...

President Donald Trump promised to penny-pinch the federal budget if reelected. Turns out he meant that literally: On Sunday, Trump says he instructed Treasury Secretary Scott Bessent to cease ...

Canada is ditching production of the penny, saying it costs more to make the coin than it’s worth. As of this fall, the Royal Canadian Mint will cease distributing Canadian pennies, though consumers ...

Canada has released an ultra-rare coin studded with diamonds, and it costs as much as a down payment on a home.