WHAT IS CALGARY DOLLARS?
Calgary Dollars is a complementary currency system that is local. Since 1972, Arusha has worked to build communities that are more socially just, economically vibrant, and environmentally sustainable.
Calgary Dollars (C$) has been bringing Calgarians together since 1995 to strengthen the local economy and build community.
A community’s true wealth lies in the skills, talents and capabilities of its members, and we believe that every single person has something of value to offer to their neighbours.
CURRENCY & VALUE
A complementary currency doesn’t replace the federal currency; it compliments it by supporting local resiliency and strengthening local business purchasing power. Some examples include: Timebank hours, barter exchange and scrip currency. Calgary Dollars is a scrip currency; it has a paper money system in note denominations of $1, $5, $10, $25, $50. The value of one Calgary Dollar equals one federal dollar. There is currently over $80,000 Calgary Dollars circulating in Calgary to buy and sell over 1000 goods and services.
COMMUNITY ECONOMIC DEVELOPMENT
Calgary Dollars is a community economic development program that utilizes a complementary currency to strengthen participants’ ability to withstand social and economic crises, create a local system of exchange, and create a better sense of community. Participants earn both Calgary Dollars and the federal currency through online and print listings, marketing assistance and skills building, and by marketing goods and services at monthly Calgary Dollar Markets.
Calgary Dollars is also a development opportunity for businesses to engage in the ever-growing ‘green economy’, stimulate business growth, develop customer loyalty, and offer your network sustainably minded incentives and perks. From established store-front businesses, the City of Calgary, to social enterprise efforts and home-based businesses, Calgary Dollars offers a means for your business to complement your strategies to create more opportunities.
At the heart of Calgary Dollars is re-localization – the money you spend with Calgary Dollars stays with local businesses and stimulates the local economy, instead of the money leaving Calgary to other cities or countries. When we localize we refocus globalism to localism, minimizing global impacts in countries struggling to maintain their own local resources, and boosting local business support, which enhances neighbourhoods and communities to support each other.
Calgary Dollars is committed to a socially just and environmentally sustainable world. By joining Calgary Dollars you invest in reducing environmental impacts. Less carbon emissions are burned when goods and services are focused on local consumption, local organic producers are supported in making trade, barter and sales possible within the local business community, and alternative modes of transportation is re-imagined. See our “Spend” page for more info.
LEARN MORE ABOUT WHAT COMPLEMENTARY CURRENCY IS:
Read why Calgary Dollars is different than Canadian Dollars
Download a pdf slideshow on complementary currency
Download a thesis analysing Calgary Dollars, Ithaca Hours, and Kootenay Barter Hours
VIDEOS ON CALGARY DOLLARS
COMPLEMENTARY CURRENCY AROUND THE WORLD
The International Journal of Community Currency Research
Calgary Dollars is supported by: