Thursday, June 25, 2015

Canadian Coins

Source: or2013

As you could see in the post Money and finances the coins in Canada, as as important as the bills.

Well, well, well if you were a person like me that hates coins, better watch them when you are coming to Canada.

Why they matter to you? Because they are essential to:

  • pay laundry (in some of the residential buildings,laundry/dry machine are available, but they cost 1.75$ per load - exact change). I can count how many times I had to go to a convenience store to buy something in order to get coins of "quarter" (0.25$). 
  • take buses (at least here in Saint John, Fredericton, Halifax) you need to have the exactly change. They may accept bills (paper money) but you will not get the change. Wellllll ..... I saw sometimes, and it happened with me, that the driver asked the person behind to give me my change and put the remain amount on the fee collection (in order to get your change will have to count with the driver niceness).
  • it is great for tips in restaurants.
  • pay the parkmetre, specially if your car will be parked for few minutes.
Besides the change for the laundry, in my first years here, my nightmare was really to remember the names of each coin. Yeahhh!! I remember going to the grocery store, and have the cashier telling me: "it is missing a dime", I would look confuse, and solution I showed all my coins and asked them to pick the right one.

Also a collector would get crazy here, because the Royal Canadian Mint makes them with different symbols (quarter or higher). 

Penny was taken from circulation, now it is souvenir. Interesting enough is that:
  • The rounding is not done on single items but on the total bill of sale.
  •  If the price ends in:
           - a one, two rounded down to 0
           - six, or seven it gets rounded down to 5
           -  and rounded up if it ends in three, four, eight or nine.
But you would pay the exact value, without rounding, if you pay with credit card.

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