Calgary Dollar: Difference between revisions
m Updating {{cite web}} templates: replaced 'accessdaymonth/monthday/year' parameters with 'accessdate' and 'dateformat' |
GrantNeufeld (talk | contribs) →External links: rm Alternatives (link is broken); rm Community Currency Online Magazine link (not specifically about article subject); update other URLs |
||
| Line 41: | Line 41: | ||
==External links== |
==External links== |
||
* [http:// |
* [http://calgarydollars.ca/ Calgary Dollars] |
||
* [http:// |
* [http://arusha.org/ The Arusha Centre] |
||
* [http://www.alternativesjournal.ca/issues/311/staples.asp Alternatives Journal article] |
|||
* [http://www.innovation-award.ca/story0f6d.html?Page=story.html&IdeabookID=154 Peter F. Drucker Award] |
* [http://www.innovation-award.ca/story0f6d.html?Page=story.html&IdeabookID=154 Peter F. Drucker Award] |
||
* [http://ccmag.net/ Community Currency Online Magazine] |
|||
{{dollar}} |
{{dollar}} |
||
Revision as of 01:05, 9 April 2009
Calgary Dollars are 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.[1] [2]
The Currency
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$".
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
References
- ^
"What about Income Tax?". Calgary Dollars. Retrieved November 24 2006.
{{cite web}}: Check date values in:|accessdate=(help); Unknown parameter|dateformat=ignored (help) - ^ "IT-490 Barter Transactions". Canada Revenue Agency. 1982. Retrieved November 24 2006.
{{cite web}}: Check date values in:|accessdate=(help); Unknown parameter|dateformat=ignored (help); Unknown parameter|month=ignored (help)