Categories: Life

Canadians happy without the penny, but not ready to say goodbye to the nickel: poll

The penny was discontinued as a currency in Canada four years ago, and most people are living life just fine without it, according to a new poll.

The survey, released Wednesday, suggests 85 per cent of people in B.C. agree that getting rid of the penny was a good idea — the highest number in the country.

Nation-wide, about three quarters of Canadians also don’t miss the one-cent coin, while 20 per cent do.

So what about nixing the nickel?

The pollster, Insights West, also asked people how they’d feel if the nickel was taken out of circulation as well, leaving the dime as the smallest valued coin.

Few Canadians were in favour of that, especially older people. Those aged 55 years and older were the most adamant, with 71 per cent wanting the nickel to stay.

Meanwhile, those aged 18 to 34 were split, with 44 per cent okay with ditching it.

“Millennials are more accustomed to paying for small purchases through technology than older Canadians,” says Mario Canseco, Insights West’s vice president of public affairs.

“This helps explain why they would be more likely to support the demise of the nickel than their older counterparts.”


@ashwadhwaniashley.wadhwani@bpdigital.caLike us on Facebook and follow us on Twitter.

Ashley Wadhwani

Leave a Comment
Share
Published by
Ashley Wadhwani

Recent Posts

University of Victoria women’s rowing coach resigns by mutual agreement

Lawsuit filed last summer accused Barney Williams of verbal abuse

1 hour ago

Mass fossil site may prove tyrannosaurs lived in packs

A team of researchers determined that the dinosaurs died and were buried in the same…

2 hours ago

Rogers says disruptive wireless outage caused by Ericsson software update

Experts say the intermittent wireless service issues left Rogers customers without phone or texting service

2 hours ago

Staff up now, or stay lean and wait? Hospitality sector faces dilemma amid third wave

Some are still optimistic for the longer-term, and say Canadians have amassed cash during the…

2 hours ago

Former B.C. premier to testify at money laundering hearing today

Attorney General David Eby has been added to the witness list as well

2 hours ago

B.C. to table budget that’s expected to deal with COVID-19 pandemic and beyond

Robinson released a fiscal update last December that said the impact of the pandemic on…

2 hours ago