Welcome Cochrane Dollars!

 

Cochrane joined the community of thousands of complementary currencies around the world, when they launched Cochrane Dollars on May 19, 2017. The dollars are in bills of $1, $2, $5, $10, $20; they also made a special $150 bill in commemoration of Canada’s 150th birthday, available in highly limited quantities. They are printed on synthetic polymer and include several security features. The art on the bills tells a story of Cochrane’s history and values, from the First Nations People, before it was called Cochrane,  to the first settlers in the region, to how the history touches our current lives and still standing local businesses.

Watch: Cochrane Dollars Unveiling

Cochrane hopes this will bolster their local economy by keeping money local, as well as drawing in customers from the surrounding region such as Calgary. This would support local businesses, which have several reasons to get involved, including the free advertising the novelty effect provides, and the generation of repeat business by providing cash back or change in the currency. By supporting the local businesses, the initiative supports local employment as well.

This came into being as a collaboration between the Town of Cochrane Economic Development, ATB Financial (Cochrane branch) and the Cochrane Monetary Foundation.

How to get involved

The dollars can be acquired at ATB Financial in Cochrane, where every dollar in circulation is backed by one in the bank, as well as in general circulation for the stores accepting and giving change in Cochrane Dollars.

Over 30 local stores are already accepting the currency including MacKay’s Cochrane Ice Cream, Tim’s Gourmet Pizza, Stitching Corner and many more seen in the business directory. Local business can sign up on this site as well.

You can find more information at the Cochrane Dollar Website and official videos about Cochrane Dollars on the Town of Cochrane Youtube Channel.

To find out more about Complementary Currencies visit the Complementary Currency Resource Center.

Have an amazing day!

Evelyn

Calgary Dollars Team

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