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{{Short description|Local currency}}
[[Image:CalgaryDollarsCurrency.jpg|thumb|Calgary Dollars as printed currency.]]
⚫
{{Infobox currency
⚫
The '''Calgary Dollar''' is a [[local currency]] in [[Calgary, Alberta]], [[Canada]]. While functioning as a limited form of currency within Calgary, they are not a [[legal tender]] nor are they backed by a national government. Instead, the currency serves (according to their proponents) as a tool for [[community economic development]] as well as a focus for [[community building]]. The Calgary Dollars organization considers its local currency to be implicitly sanctioned by the [[Canada Revenue Agency]] (CRA) based on a CRA publication which discusses the taxation of "credit units possessing a notional monetary unit value" used as a medium of exchange by local [[barter]] groups.<ref>
| name = Calgary Dollar
| image_1 =
| image_2 =
| image_title_1 = Calgary Dollars as printed currency
| image_alt_1 =
| iso_code =
| issuing_authority = Arusha Centre
| issuing_authority_website = {{url|http://www.calgarydollars.ca}}
| date_of_introduction = 1995
| date_of_introduction_source =
| using_countries = [[Calgary, Alberta|Calgary]], [[Alberta]], Canada
| inflation_rate =
| inflation_source_date =
| subunit_ratio_1 =
| subunit_name_1 =
| symbol = C$
| symbol_subunit_1 =
| nickname =
| nickname_subunit_1 =
| plural =
| plural_subunit_1 =
| frequently_used_coins =
| rarely_used_coins =
| frequently_used_banknotes =
| rarely_used_banknotes =
}}

⚫
'''Calgary Dollars''' is a [[local currency]] in [[Calgary, Alberta]], Canada. While functioning as a limited form of currency within Calgary, it is not [[legal tender]] nor is it backed by a national government. Instead, the currency is intended as a tool for [[community economic development]] as well as a focus for [[community building]] and local resiliency.

⚫
== Overview ==
In 2018 Calgary Dollars launched a digital component with a new online listings platform, app for iOS and android and a new website.

It comes in denominations of 1, 5, 10, 25, and 50 Calgary Dollars. The bills are printed on a [[plastic]] material in the same dimensions as the [[Canadian dollar]]. In print, the currency is commonly [[currency symbol|abbreviated]] as "C$".<ref name="about">{{cite web|title=About|url=http://calgarydollars.ca/about/|website=Calgary Dollars|publisher=Arusha Centre|access-date=10 February 2018}}</ref>

⚫
The currency was founded in 1995 as a project of The Arusha Centre in Calgary. The project was originally called the "Bow Chinook Barter Community (BCBC)", and the currency was named the "Bow Chinook Hour". In 2002, the "Bow Chinook Hour" currency was replaced with "Calgary Dollars" (which was also adopted as the new name of the project).

The Calgary Dollars organization considers its local currency to be implicitly sanctioned by the [[Canada Revenue Agency]] (CRA) based on a CRA publication which discusses the taxation of "credit units possessing a notional monetary unit value" used as a medium of exchange by local [[barter]] groups.<ref>
{{cite web
{{cite web
|url=http://www.calgarydollars.ca/faq.html#taxes
|url=http://www.calgarydollars.ca/faq.html#taxes
|title=What about Income Tax?
|title=What about Income Tax?
|accessdate=November 24, 2006
|access-date=November 24, 2006
|publisher=Calgary Dollars
|publisher=Calgary Dollars
|archiveurl = http://web.archive.org/web/20061018143022/http://www.calgarydollars.ca/faq.html#taxes <!-- Bot retrieved archive --> |archivedate = October 18, 2006}}</ref><ref>{{cite web
|archive-url=https://web.archive.org/web/20061018143022/http://www.calgarydollars.ca/faq.html#taxes
|archive-date=October 18, 2006
|url-status=dead
}}</ref><ref>{{cite web
|url=http://www.cra-arc.gc.ca/E/pub/tp/it490/it490-e.html
|url=http://www.cra-arc.gc.ca/E/pub/tp/it490/it490-e.html
|title=IT-490 Barter Transactions
|title=IT-490 Barter Transactions
|accessdate=November 24, 2006
|access-date=November 24, 2006
|year=1982
|date=July 1982
|month=July
|publisher=Canada Revenue Agency
|publisher=Canada Revenue Agency
}}</ref>
}}</ref>


Calgary Dollars Rebranded with a new logo in March 2018 with the slogan: "Get Local. Make Money."
⚫
== The currency ==
[[File:C$ StackedLogoFilled clr PRINT.tif|thumb|Calgary Dollars Logo and Text]]
It comes in denominations of 1, 5, 10, 25 and 50 Calgary Dollars.

The bills are printed on a [[plastic]] material in the same dimensions as the [[Canadian dollar]].

In print, the currency is commonly [[currency symbol|abbreviated]] as "C$".

⚫
== History ==
⚫
The currency was founded in 1996 as a project of The Arusha Centre, in Calgary. The project was originally called the "Bow Chinook Barter Community (BCBC)", and the currency was named the "Bow Chinook Hour".

In 2002, the "Bow Chinook Hour" currency was replaced with "Calgary Dollars" (which was also adopted as the new name of the project).


==See also==
==See also==
{{Portal|Money|Numismatics}}
*[[BerkShares]]
*[[BerkShares]]
*[[Complementary currency]]
*[[Complementary currency]]
*[[Ithaca Hours]]
*[[Ithaca Hours]]
*[[Toronto dollar]]
*[[Toronto dollar]]
*[[Bristol Pound]]


==References==
==References==
Line 39: Line 71:
* [http://calgarydollars.ca/ Calgary Dollars]
* [http://calgarydollars.ca/ Calgary Dollars]
* [http://arusha.org/ The Arusha Centre]
* [http://arusha.org/ The Arusha Centre]
* [https://listings.calgarydollars.ca:8443/#marketplace.advertisements.search:list-ads Calgary Dollars Marketplace]
* [http://www.innovation-award.ca/story0f6d.html?Page=story.html&IdeabookID=154 Peter F. Drucker Award]


{{dollar}}
{{dollar}}
{{Canadian Paper Money}}


[[Category:Private currencies]]
[[Category:Private currencies]]
[[Category:Community currencies of Canada]]
[[Category:Local currencies of Canada]]
[[Category:Economy of Calgary]]
[[Category:Economy of Calgary]]

[[ja:カルガリーダラーズ]]
[[pl:Dolar Calgary]]

Latest revision as of 19:02, 7 November 2022

Calgary Dollar
Unit
SymbolC$‎
Demographics
Date of introduction1995
User(s)Calgary, Alberta, Canada
Issuance
Central bankArusha Centre
 Websitewww.calgarydollars.ca

Calgary Dollars is a local currency in Calgary, Alberta, Canada. While functioning as a limited form of currency within Calgary, it is not legal tender nor is it backed by a national government. Instead, the currency is intended as a tool for community economic development as well as a focus for community building and local resiliency.

Overview

[edit]

In 2018 Calgary Dollars launched a digital component with a new online listings platform, app for iOS and android and a new website.

It comes in denominations of 1, 5, 10, 25, and 50 Calgary Dollars. The bills are printed on a plastic material in the same dimensions as the Canadian dollar. In print, the currency is commonly abbreviated as "C$".[1]

The currency was founded in 1995 as a project of The Arusha Centre in Calgary. The project was originally called the "Bow Chinook Barter Community (BCBC)", and the currency was named the "Bow Chinook Hour". In 2002, the "Bow Chinook Hour" currency was replaced with "Calgary Dollars" (which was also adopted as the new name of the project).

The Calgary Dollars organization considers its local currency to be implicitly sanctioned by the Canada Revenue Agency (CRA) based on a CRA publication which discusses the taxation of "credit units possessing a notional monetary unit value" used as a medium of exchange by local barter groups.[2][3]

Calgary Dollars Rebranded with a new logo in March 2018 with the slogan: "Get Local. Make Money."

Calgary Dollars Logo and Text

See also

[edit]

References

[edit]
  1. ^ "About". Calgary Dollars. Arusha Centre. Retrieved 10 February 2018.
  2. ^ "What about Income Tax?". Calgary Dollars. Archived from the original on October 18, 2006. Retrieved November 24, 2006.
  3. ^ "IT-490 Barter Transactions". Canada Revenue Agency. July 1982. Retrieved November 24, 2006.
[edit]
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