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Winnipeg -
The Canadian one cent penny will be no more as of this autumn. After the federal government decided to cease further production, the last penny will be produced Friday at a special coin strike ceremony at a Winnipeg plant.
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Ottawa -
The end of further production of the penny? Check. Retirement age pushed up to 67? Check. Federal public sector job cuts? Check. These were only some of the tidbits included in the 2012 Canadian Conservative federal budget.
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The Canadian penny will be retired this year as the federal budget ended further production of the one cent.
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