How and why Canada is getting rid of the penny

(CBS) - Did you know that Canada is eliminating pennies? It's true, and this blogger applauds the country on the bold move. But if you'd like to learn more about the how and why behind the initiative, then you should take a quick look at the above video.

The educational video was done by one of The Feed's favorites, C.G.P. Grey, who previously created a video we featured explaining why the penny should be dropped in the United States, too. If you'd like to check out more of his learned works, you can visit his YouTube page by clicking here.