November 23, 2014
October 31, 2014
A note on the future of Toronto Standard
October 30, 2014
Vice and Rogers are partnering to bring a Vice TV network to Canada
John Tory gets a parody Twitter account
October 29, 2014
Marvel marks National Cat Day with a series of cats dressed up as its iconic superheroes
Doug Ford is likely going to be fined $11,950 for all the illegal signs his campaign planted
Morning Cable - March 30, 2012
A pennywise federal budget, Toronto's library workers back to the books today, and Spike Lee apologizes for a Twitter tirade. Your Morning Cable

A Pennywise Federal Budget; Cuts, Spending, and Adios to the Canadian Penny

Image: Facebook; Imgur

The federal budget boasted plenty of cuts to Canada’s spending, but the most notable may lie in the end of the Canadian penny.

Due to inflation, and rising production costs, the federal government will stop the production and distribution of Canada’s smallest-valued coin this fall.

The penny is a “currency without currency,” Finance Minister Jim Flaherty said on Thursday. “It costs taxpayers a penny-and-a-half every time we make one. We will, therefore, stop making them.”

Read More: Bye Bye to the Federal Deficit?

Not to worry, though – for those of you penny hoarders, the coins will retain their cash value indefinitely, but will no longer be necessary at the register. CTV News is reporting cash transactions will be rounded to the nearest five-cent increment. Debit and credit cards, or cheque transactions, will remain un-rounded, and will remain precise, down to the cent.

This is not an entirely new idea. After all, Britain, Norway and Switzerland continue to thrive in spite of their penny-less ways. But are you going to be grateful for your lighter wallet, or are you already nostalgic for the days when a Tim Horton’s Turkey Chipotle sandwich cost $4.19?

Toronto’s Library Workers Back to the Books Today

Toronto’s library workers will head back to work at 10:30 a.m. Friday, after a freshly-ratified collective agreement with Toronto and the union was signed on Thursday night.

Librarians, customer service assistants and book pages started picketing on March 19, over concerns for employment security for part-time workers, and the service itself.

Read More: Toronto’s Inside City Workers Vote to Strike, May Join Picketing Library Staff

In a nighttime news release, the library workers union, CUPE Local 4948, boasted about success in arbitration; board efforts to convert full-time positions to part-time have been thwarted, for now.

And yes, this also means library fines have been re-instated. Joy.

Spike Lee Apologizes for a Twitter Tirade

The outspoken Spike Lee rarely apologizes, but in the case of falsely identifying an elderly Florida couple in the death of teenager Trayvon Martin via Twitter, he has followed suit.

The Inside Man director and legendary New York Knicks fan allegedly thought he was retweeting and publishing the address of George Zimmerman, the neighbourhood watch volunteer who shot Martin to death on Feb. 26, but he was mistaken. Instead, Lee posted the address of Elaine and David McClain, the parents of a son named William George Zimmerman, who had no connection to the crime. Eek.

Lee has since publicly apologized for his blunder, and according to the couple’s attorney, the Jeremy Lin enthusiast has offered to provide compensation for the unnecessary distress, and likely harassment.

Joanna Adams writes the Morning Cable, and lots more, for Toronto Standard. Follow her on Twitter at ‏ @nowstarringTO.

For more, follow us on Twitter at @TorontoStandard and subscribe to our newsletter.

 

  • TOP STORIES
  • MOST COMMENTED
  • RECENT
By JJ Wong
October 24th, 2014
Editors Pick U of T Alumni keep you warm with the world's first smart heated base layer
Read More
By TS Editors
October 31st, 2014
Editors Pick A note on the future of Toronto Standard
Read More
By Igor Bonifacic
October 28th, 2014
Editors Pick John Tory invites former election rivals to join his administration
Read More
By Igor Bonifacic
October 24th, 2014
Editors Pick UberX is offering Torontonians a free ride to and from polling stations this Monday
Read More
  • No article found.
  • By TS Editors
    October 31st, 2014
    Editors Pick A note on the future of Toronto Standard
    Read More
    By Igor Bonifacic
    October 30th, 2014
    Culture Vice and Rogers are partnering to bring a Vice TV network to Canada
    Read More
    By Igor Bonifacic
    October 30th, 2014
    Editors Pick John Tory gets a parody Twitter account
    Read More
    By Igor Bonifacic
    October 29th, 2014
    Culture Marvel marks National Cat Day with a series of cats dressed up as its iconic superheroes
    Read More

    SOCIETY SNAPS

    Society Snaps: Eric S. Margolis Foundation Launch

    Kristin Davis moved Toronto's philanthroists to tears ... then sent them all home with a baby elephant - Read More