Salmo is home to the world’s largest penny. It was dedicated on July 1, 1995, Canada’s birthday, in honor of Penny Power.
Penny Power started in Salmo, on March 10, 1995 as a campaign to collect hoarded pennies and donate them to the government of Canada to reduce the national debt. Salmo residents made this donation as their Greatest Birthday Present, demonstrating a renewed faith in their ability to make a difference. You can see this penny on Highway 6 North.
This huge penny is 8 feet tall and in CAD.
In the interim Canada has, in the interest of saving taxpayer dollars, done away with the penny, the smallest denomination now being the nickel, or 5¢ piece. This means that Salmo, if it wishes to again make such a contribution to the government's coffers, it will have to round up all the hoarded nickels.