What Happens When Pennies Disappear on 4th Feb?

On Monday 4th February the Canadian one cent coin will no longer be available. How will this affect you when you shop at Blighty's?

This is what the Bank of Canada recommends:

When you pay by credit card or debit card:
Nothing changes. You will pay the exact amount of your purchase to the penny.

When you pay cash:
If you pay for your purchase in cash, stores will use rounding to determine your change. For example, if your purchase amounts to $24.97 and you hand over $25 you will receive five cents change. If your purchase amounts to $14.98 and you hand over $15 you will receive no change.

The principal is simple; stores will round down to the nearest nickel if the difference is 1 or 2 cents and will round up to the nearest nickel if the difference is 3 or 4 cents.

Free Money at Blighty's
To help our customers with the transition, Blighty's will always round cash transactions down to the nearest nickel during the month of February only.