You can give a penny, but no longer take a penny.
Today you’ll stop receiving pennies when paying with cash. Instead, the change will be rounded up or down to the nearest nickel.
Marcelle Saulnier from NB Liquor says they’ll not be changing prices to reflect the change, but rather round up your cash back. She says they’re trying to be very open with customers about the change, with signs of the new rounding rules at their counters.
Amounts ending in 1 or 2 cents will go down to the nearest 10, 3 or 4 will round up to 5 cents, 6 or 7 will go down to 5 cents, while 8 and 9 will go up to 10:
1/2 = 0 c.
3/4 = 5 c.
5/6 = 5 c.
8/9 = 10 c.
If you’re paying with debit or credit, the price of your item will still be penny specific.
