Drop the penny, support Bill C-531

Sent this to my MP, the Honourable Gordon O'Connor:

Sir,
I fully support the withdrawal of the one cent coin ("penny") from circulation. The good people in your department could calculate the exact numbers for you, but purchasing power of the dollar today is less than one-twentyfifth over the past 130 years or so; it therefore doesn't make any sense to continue squandering financial and environmental resources to support its production and distribution. No sense throwing good money after bad, so to speak.
The rounding method proposed for section 8 subsection 2 is reasonable. The resistance from the Royal Canadian Mint (and their spin doctors' attempts to control the damage the results of their November study inflicted upon them) is understandable, and the nostalgic value of the penny should be acknowledged, but as will all things, there comes a time when we must let go. The time has come to recognize that the penny has become obsolete, merely a heavy, expensive reminder of days gone by when you could actually buy something with it.
The only logical alternative would be to enact a "new canadian dollar" worth ten of today's dollars. Then the penny would be worth a dime, and worth fighting for.

Sincerely,