Post by
radcat on Feb 04, 2013 9:58am
Penniless
Now that Canada no longer will have the penny, how will this affect trades? Especially those that trade at 1/2 to 1 cent intervals. From now on does 1+1 = 5 in Canada.
Comment by
Treetop2 on Feb 04, 2013 10:07am
This post has been removed in accordance with Community Policy
Comment by
BlindBat_1 on Feb 04, 2013 11:17am
Now that Canada no longer will have the penny, how will this affect trades? Especially those that trade at 1/2 to 1 cent intervals. From now on does 1+1 = 5 in Canada. =================== No not realy that way, Canada will use a round up/down approach - hence this is what you will see.
Comment by
bakken13 on Feb 04, 2013 11:21am
These constant unrelated posts clearly demonstrate how useless this board has become. Not one has anything usefull to contribute.
Comment by
ncider on Feb 04, 2013 11:26am
That's just for cash transactions. Paper/electronic transactions still use normal money arithmetic without rounding to the nickel. The got rid of the penny coin not the number 0.01
Comment by
BlindBat_1 on Feb 04, 2013 11:55am
That's just for cash transactions. Paper/electronic transactions still use normal money arithmetic without rounding to the nickel. The got rid of the penny coin not the number 0.01 ============== Fully agree and good point.
Comment by
bakken13 on Feb 04, 2013 11:58am
Genius, pure genius. I am in awe.