Canada did away with its one-cent coin more than a decade ago. It could offer insight into what the U.S. may be on the verge ...

At the time, however, it cost 1.6 cents to produce one new ... the production of the penny,” as Canada did, could lead to a “significant flowback of coin from consumers and businesses seeking ...

tariffs and even making Canada the 51 st state. Now he has set his sights on the humble penny. The Lincoln one-cent coin could be scrapped, with Trump ordering the Treasury Department and U.S ...

Momentum for a penny purge is building as Trump takes aim at the coin. But for decades, Congress has balked at efforts to ...

This comes as the group decreased coin shipment circulations by 44%. The U.S. is not the first country to face the potential demise of its 1-cent wonders. Canada halted penny production in 2012 ...