Canada’s coinage

The way you treat different denominations of currency probably says something about both your temperament and about the relative values of different currency units.

When I get pennies, for example, I discard them at the first opportunity. Pennies just aren’t worth carrying around.

Dimes and nickels, I put in a big glass jar. In times of extreme cash need, I may pick out a bunch to buy some ramen noodles.

Quarters and loonies I save for laundry.

Twonies (Toonies?) I save for coffee.

I am pretty happy about the relative sizes of Canada’s denominations. It’s good that the more valuable coins are generally larger. I feel a bit like pennies are a waste at this point. I suppose how you feel about them depends on how many small cash transactions you undertake each day.

Author: Milan

In the spring of 2005, I graduated from the University of British Columbia with a degree in International Relations and a general focus in the area of environmental politics. Between 2005 and 2007 I completed an M.Phil in IR at Wadham College, Oxford. I worked for five years for the Canadian federal government, including completing the Accelerated Economist Training Program, and then completed a PhD in Political Science at the University of Toronto in 2023. View all posts by Milan