The E-Sylum:  Volume 10, Number 28, July 15, 2007, Article 22

ON THE PROPOSED ABOLITION OF CANADIAN CENT COINS

Regarding last week's item on the proposed abolition of the Canadian
cent coin, Michael Schmidt writes: "If that .7 cent figure doesn't
include the shipping cost then they do need to go ahead and discontinue
the cent.  815 million coins is 81.5 million dollars.  At .7 cents each
they cost 57 million dollars to make, and shipping is 33 million for a
total cost of 90 million dollars for 81 million dollars worth of coins.
Can politicians do simple math?  Of do we need to explain it to them
in language like that used in tax legislation?"

 ABOLITION OF CANADIAN CENT PROPOSED
 esylum_v10n27a24.html

  Wayne Homren, Editor

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