| has gloss | eng: In Canada, a penny is a coin worth one cent or of a dollar. According to the Royal Canadian Mint, the official national term of the coin is the "one-cent piece", but in practice the term penny or cent is universal. Before, a penny referred to a two cent coin. When the two cent coin was discontinued, "penny" took over as the new one cent coins name. Penny was likely readily adopted because the previous coinage in Canada (up to 1858) was the British monetary system, where Canada used British pounds and pence as coinage alongside U.S. decimal coins and Spanish milled dollars. |
