In 2012, the Canadian Federal government decided to pull the plug and stop minting Canadian pennies. Coincidentally in the same year, the benevolent Royal Canadian Mint (a crown corporation, that is a corporation owned by the Federal government) changed the composition of Canadian Toonies and Loonies, going from coins comprised of primarily of copper and nickel, to coins primarily composed of stainless steel. This represents the latest link in a long chain of currency debasement that has lead to the degeneration of the Canadian dollars purchasing power and, in my opinion, the degeneration of Canadian society that is dependant upon the dollar to conduct commerce.
