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Friday, January 21, 2011

Community Dollars - Creating Generosity

Community Dollars are coming to Cranbrook. Here is how it works; businesses will buy community dollars to donate to local community groups or charities. The business will then show a debit on their account but a credit in the account of the community organization. There is no actual cost to the business but they are agreeing that the business will allow partial or full payment in Community Dollars. The community group can either trade them  for federal dollars, use them to purchase goods or services from local participating business or use them for employee or volunteer bonuses. Sounds good so far. It has the added attraction of keeping those dollars in our community.  This dollar systems is already in use on the coast and SaltSpring Island. The entire Columbia Basin will be participating and Cranbrook is being assigned the $10 bill.  Still confused? Then watch this or go to http://www.communitydollars.ca/.

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