They, unlike the US, are getting rid of their penny. It's costing them too much to manufacture and it costs businesses too much to count and transport. They'll be rounding to the nearest 5 cents and saving money. Ours costs too much to make and process, too, but our politicians have no will to get rid of it. Probably too many penny wrapper lobbyists in DC don't want it to go away.
Canada to take penny out of circulation - Yahoo! News
Canada to take penny out of circulation - Yahoo! News