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Encyclopedia > Calgary Dollars

Calgary Dollars is a local currency in Calgary, Alberta, Canada. These "dollars" are not legal tender nor are they backed by a national government; instead they act as a means of tracking and encouraging local barter agreements. In economics, a local currency, in its common usage, is a currency not backed by a national government (and not legal tender), and intended to trade only in a small area. ... Template:Hide = Motto: Template:Unhide = Onward City of Calgary, Alberta, Canadas Location. ...

Contents


The Currency

The Calgary Dollars printed currency.
The Calgary Dollars printed currency.

It comes in denominations of 1, 5 and 10 Calgary Dollars. Image File history File links CalgaryDollarsCurrency. ... Image File history File links CalgaryDollarsCurrency. ...


The bills are printed on a plastic material in the same dimensions as the Canadian dollar (which is the only legal tender currency in Canada). Plastic is a term that covers a range of synthetic or semisynthetic polymerization products. ... The Canadian dollar, CAD or C$, is the unit of currency of Canada. ...


In print, the currency is commonly abbreviated as "C$". Graphic symbols are often used as a shorthand for currency names. ...


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". 1996 (MCMXCVI) is a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ...


In 2002, the "Bow Chinook Hour" was replaced with "Calgary Dollars" (which was also adopted as the new name of the project). 2002 (MMII) was a common year starting on Tuesday of the Gregorian calendar. ...


See also

Barter is a type of trade where goods or services are exchanged for a certain amount of other goods or services, i. ... An Eighth Hour, part of the local currency system of Ithaca, NY. Ithaca Hours is a local currency in Ithaca, New York. ...

External links

  • Calgary Dollars
  • Calgary Dollars Yahoo group
  • The Arusha Centre
  • Alternatives Journal article
  • Peter F. Drucker Award

  Results from FactBites:
 
Calgary Dollars - Wikipedia, the free encyclopedia (175 words)
Calgary Dollars is a local currency in Calgary, Alberta, Canada.
These "dollars" are not legal tender nor are they backed by a national government; instead they act as a means of tracking and encouraging local barter agreements.
In 2002, the "Bow Chinook Hour" was replaced with "Calgary Dollars" (which was also adopted as the new name of the project).
  More results at FactBites »

 
 

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