A powered fastener driver comprising: a housing; a nosepiece coupled to the housing and extending therefrom, the nosepiece including a fastener driver channel from which fasteners are discharged into a workpiece; a driver blade movable within the nosepiece between a ready position and a driven position; a workpiece contact element moveable relative to the nosepiece from a biased, extended position toward a retracted position to enable or initiate a fastener driving operation; a canister magazine coupled to the nosepiece in which collated fasteners are receivable; a pusher mechanism coupled to the nosepiece for individually transferring collated fasteners in the canister magazine to the fastener driver channel in the nosepiece in which the driver blade is movable; a dry-fire lockout mechanism including a lockout lever movable between a bypass position, in which movement of the workpiece contact element from the extended position to the retracted position is not inhibited, and a blocking position, in which movement of the workpiece contact element from the extended position to the retracted position is inhibited; and characterized in that it further comprises: a last fastener holding member positioned on an opposite side of the nosepiece as the lockout lever, wherein the last fastener holding member is configured to engage a first side of a fastener within the fastener driver channel, wherein the lockout lever is configured to engage an opposite, second side of the fastener within the fastener driver channel, and wherein the last fastener holding member biases the fastener within the fastener driver channel toward an inner surface of the fastener driver channel to inhibit the fastener from falling out of the fastener driver channel. a housing; a nosepiece coupled to the housing and extending therefrom, the nosepiece including a fastener driver channel from which fasteners are discharged into a workpiece; a driver blade movable within the nosepiece between a ready position and a driven position; a workpiece contact element moveable relative to the nosepiece from a biased, extended position toward a retracted position to enable or initiate a fastener driving operation; a canister magazine coupled to the nosepiece in which collated fasteners are receivable; a pusher mechanism coupled to the nosepiece for individually transferring collated fasteners in the canister magazine to the fastener driver channel in the nosepiece in which the driver blade is movable; a dry-fire lockout mechanism including a lockout lever movable between a bypass position, in which movement of the workpiece contact element from the extended position to the retracted position is not inhibited, and a blocking position, in which movement of the workpiece contact element from the extended position to the retracted position is inhibited; and characterized in that it further comprises: a last fastener holding member positioned on an opposite side of the nosepiece as the lockout lever, wherein the last fastener holding member is configured to engage a first side of a fastener within the fastener driver channel, wherein the lockout lever is configured to engage an opposite, second side of the fastener within the fastener driver channel, and wherein the last fastener holding member biases the fastener within the fastener driver channel toward an inner surface of the fastener driver channel to inhibit the fastener from falling out of the fastener driver channel. a last fastener holding member positioned on an opposite side of the nosepiece as the lockout lever, wherein the last fastener holding member is configured to engage a first side of a fastener within the fastener driver channel, wherein the lockout lever is configured to engage an opposite, second side of the fastener within the fastener driver channel, and wherein the last fastener holding member biases the fastener within the fastener driver channel toward an inner surface of the fastener driver channel to inhibit the fastener from falling out of the fastener driver channel.