Online Database of Complementary Currency Systems Worldwide


Complementary Currency Systems - Details

[group]Country
[text]t_ref,,Canada[text] ([text]t_ref,,Voucher Currency System[text])

Salt Spring Dollars

[text]t_ref,,Administrator Information[text]
[text]t_ref,,Name[text]Eric Booth
[text]t_ref,,E-mail Address[text]ebooth@saltspring.com
[text]t_ref,,Position / Job Title[text]Officer
[text]t_ref,,First Language[text][text]t_ref,,English[text]
[text]t_ref,,Organization[text]Salt Spring Island Monetary Foundation
[text]t_ref,,Type[text][text]t_ref,,Non-Government Organization (Registered)[text]
[text]t_ref,,URL Address[text]www.saltspringdollars.com
[text]t_ref,,Exchange System Information[text]
[text]t_ref,,Status[text][text]t_ref,,Operating[text]
[text]t_ref,,Community[text]Salt Spring Island
[text]t_ref,,Medium of Exchange[text][text]t_ref,,Notes / Bills[text]
[text]t_ref,,Unit of Value[text][text]t_ref,,Units of National Currency Equivalent[text]
[text]t_ref,,Valuation[text][text]t_ref,,Convertible for National Currency[text]
[text]t_ref,,Cost-Recovery Mechanism[text]
  1. [text]t_ref,,Funds received through purchase of vouchers[text]
  2. [text]t_ref,,FREE - No Charge[text]
[text]t_ref,,Source of Funding[text][text]t_ref,,Private Donations[text]
[text]t_ref,,Purpose for Establishing System[text][text]t_ref,,All reasons[text]
[text]t_ref,,Year the System was Started[text]2001
[text]t_ref,,Size of Membership[text]4,000
[text]t_ref,,Population of Area Served by System[text]10,000
[text]t_ref,,Additional Information[text]

Funds are generated from the purchase of Saltspring Island Dollars with national currency by collectors and tourists who do not redeem them. The funds raised pay for the printing of new currency and other operational costs, and the amounts generated above these costs are lent out interest-free to community enterprises and projects.

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