Royal Canadian Mint Still Foresees Vital Role as Demand for Coins Inevitably Declines

Royal Canadian Mint Still Foresees Vital Role as Demand for Coins Inevitably Declines
Nickels are seen in a 2016 photo illustration. The Canadian Press/Graeme Roy
The Canadian Press
Updated:
0:00

Whether they’re rattling around in your car’s cup holder or have vanished permanently into the couch cushions, coins are easy to take for granted.

So when the Royal Canadian Mint announced a round of layoffs last month at its Winnipeg facility, it was a reminder that the change jingling in our pockets doesn’t get there by magic. Those loonies and toonies and quarters and dimes are produced by the Mint, a Crown corporation that produces all of Canada’s circulation coins out of one state-of-the-art facility in the Manitoba capital.