Comox Valley Is Launching Its Own Currency

August 19, 2009

Comox Valley is launching its own currency, called ‘Community Way Dollars’, to strengthen and unite the local community in the wake of a strained economy. Community Way Dollars operate similar to an open money concept, where people contribute federal dollars to community organization and businesses, and receive the equivalent amount of community money in exchange. Community organizers are exploring the idea for the Downtown Eastside. Read the full story in The Tyee.