Should Premier Doug Ford of Ontario introduce "407 Dollars" similar to Calgary Dollars?

[DennisPTate]

www.CalgaryDollars.ca/

Several years ago you could earn Calgary Dollars and use them to pay a set percentage of your property taxes.

If I remember correctly it may been up to ten percent of your property taxes?

407 ETR crews prepared to keep the GTA moving safely this winter​

When winter hits, our Highway Operations team is ready to clear Highway 407 ETR fast. With wide wing plows that clear two lanes at once, salt trucks deployed in under 25 minutes, and advanced brine systems preventing black ice, we keep the highway moving — even in the toughest conditions.Watch how we make winter driving safer and more reliable!

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New report reveals Highway 407 ETR's impact on Ontario's economy​

Every trip on Highway 407 ETR drives the economy — supporting jobs, local businesses and growth across Ontario and Canada. 407 ETR delivers $1.2 billion in annual socioeconomic benefits — including faster travel times, improved safety and better access to jobs and services.

Home | 407 ETR, Express Toll Route

407 ETR, Express Toll Route

www.407etr.com

Do you think that several towns or cities in Ontario might be interested in "407 Dollars" in order to boost their local film industries?

In a way, a ten dollar "407 Dollar" note could be viewed as a prop of sorts in a reality film series meant to address the issue of homelessness, [The City of Hamilton has been turned into the Capitol City of Canada for Homeless Canadians]!

I am of the belief that many white collar workers in Ontario would regard ten dollar "407 Dollar" notes as being extremely valuable. I believe that they would take Ontario's toll highways much more often if they had earned a bunch of these for some reason.

I am thinking that this could be one way to organize "volunteerism" by many residents of Ontario, Canada.

 

[Cassandro]

Move to Canada forum?

 

[DennisPTate]

Move to Canada forum?

Yes, this is in the "Canada" forum but I probably lured you over here from the "What's new" forum, didn't I? Diabolical Eh?

Here is a concept for some of Premier Ford's most dedicated office workers and assistants to research further?

Thread 'Should we Canadians apologize to the USA for how we acted from 1740 to 1775?'

Dec 11, 2025

I believe that we Canadians owe the United States an apology for how our ancestors treated our ally The United States from 1740 to 1775. It is my belief that the exaggerated obedience of Canadian elected officials to London made the American Revolutionary War almost impossible to avoid.

In our defence it is likely that an astonishing small number of our ancestors actually understood how Compound Interest Over Time was being implemented in order to turn American citizens into economic slaves who would run endlessly on an allegorical economic treadmill?

[Alain Pilote, The History of...

• DennisPTate
• Replies: 10
• Forum: Politics

 

[DennisPTate]

What would The Wayne Gretzky think of the proposal for a new "407 Volunteerism Dollar" that is backed up by those notes being valid to pay off one hundred percent of Highway 407 Tolls?

What would his cousins think of this idea?

What would his buddies from high school think of Premier Ford introducing a new alternative currency note that would be backed up by Ontario's 407 highways?

Thread 'Wayne Gretzky for Prime Minister of Canada, and paying off of the national debt of the USA!'

Nov 24, 2025

Could Mr. Wayne Gretzky, create an alternative currency note,
[perhaps in his own name, perhaps in his dad's name, perhaps in his grandfather's name], and could this alternative currency note set in motion a series of events that could lead to proving that the national debt of the USA has significantly been something of a "practical joke being played on three hundred and fifty million Americans?"

I attempted to rival Mr. Justin Trudeau for the office of national leader of Canada's Liberal Party back in 2011 and 2012 and I would certainly volunteer to help him with this campaign.

I am...

• DennisPTate
• Replies: 35
• Forum: Politics

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[DennisPTate]

It appears as if perhaps Premier Doug Ford may be way ahead of me when it comes to at least some variations on this option?

Richmond Hill, Ont. residents will soon be able to pay property taxes in Bitcoin | Globalnews.ca

"We want to give our citizens and our residents every opportunity to pay with whatever currency they have."

globalnews.ca

It appears as if Ottawa is also interested in something along this line.

Requirements for stablecoin issuers​

The Act defines an “issuer” as any person that issues a stablecoin, where to “issue” means to create the stablecoin and to make it available for purchase, directly or indirectly, by a person in Canada, and where “stablecoin” refers to a digital asset that is intended or designed to maintain a stable value relative to the value of one fiat currency and that has the characteristics, if any, provided for in the regulations to the Act. The Act applies only in respect of stablecoins that have or could reasonably be expected to have interprovincial or international applications.

Under the Act, issuers must register with the Bank of Canada in accordance with prescribed procedures and must also provide certain information, including with respect to: (i) ownership, organization, and structure; (ii) technological systems; (iii) redemption, governance, risk management, data security, and recovery and resolution policies; and (iv) enforcement history. Issuers will also require a statement from an independent lawyer as to whether the measures adopted enable the issuer to comply with certain requirements relating to its reserve of assets as well as a statement from an independent certified accountant of the issuer’s financial condition.

Stablecoins must be redeemable 1:1 with the referenced fiat currency and backed by a reserve composed exclusively of the referenced fiat currency, or certain other high-quality liquid assets, that:

• has a value that is equal to or greater than the par value of outstanding stablecoins;
• is not used for any purpose other than to redeem outstanding stablecoins; and
• is not subject to any encumbrance other than as may be permitted by the regulations.

Newly Minted: Canada’s Proposed Federal Stablecoin Act

The Government of Canada has published its much-awaited draft legislation to regulate the issuance of fiat-backed stablecoins by non-prudentially regulated issuers in Canada. Division 45 of Bill C-15 An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025...

stikeman.com

 

[DennisPTate]

I forgot to add the story of the 1932 Worgl Austria Local Money Experiment to this discussion. They proved that ordinary people can encourage Washington to do something ethical, [so I assume that Ottawa could be shifted in the same way].

[The Truth About Money: The Money SystemIsnt There a Better Way?
by Francis and Lia Ayley] :

"City in Austria Printed Local Currency
Worgl, like many other European towns and cities, was hit hard by the Great Depression. There was mass unemployment; four of the five local factories had closed, and the people were starving in the streets. Nobody had any money to buy anything. One of the features of an economic depression is that there is not enough money in circulation to ensure that people can meet their basic needs, and in the 1930s, the shortage of currency in many countries of the world became catastrophic.

The mayor of Worgl, together with local businessmen, decided to try to break this economic impasse by creating their own local currency. They printed and issued 60,000 Austrian shillings worth of local currency. These shillings could only be spent in Worgl, so they remained in the local community and were exchanged over and over again.

The positive impact was immediate and surprising to everyone. In only six weeks, unemployment disappeared, all the factories had reopened and everyone had food. For the inhabitants of Worgl, the economic depression was gone. This dramatic transformation became known as the “miracle of Worgl.” Surrounding towns, inspired by the success of Worgl, immediately started printing their own local currencies.

Sadly, the miracle did not last long. When the Austrian Central Bank heard about Worgl’s local currency, they initiated legal proceedings against the mayor and local businessmen. According to Austrian banking law, it was illegal for anyone except the Austrian Central Bank to issue money. The bank won the court case, and the mayor was ordered to shut down the local currency, which he did, under threat of imprisonment. The town then returned to the devastating economic depression of the 1930s, with all the human pain and suffering associated with this catastrophe. Factories closed, and once again, the people starved.

Alternative Currency in the U.S.
Irving Fisher, an American professor of economics at Yale University, visited Worgl before the local currency was suppressed and witnessed the ‘miracle’ firsthand. When he returned to the United States, Fisher spread the word by traveling and lecturing across the country, advocating the use of the Worgl ‘scrip’ everywhere. Inspired by his vision, hundreds of communities began issuing their own currency, and by 1934 there were over 1,000 local communities using ‘scrip’ throughout the U.S.

Every one of these communities experienced a tremendous rejuvenation of their local economies. They thrived while others suffered. Fisher then met with President Franklin D. Roosevelt, proposing the implementation of government-sanctioned local ‘scrip’ in every community in America. When FDR consulted with his top financial advisors and bankers, however, he was advised to shut all the ‘scrip’ systems down, which he did. Instead, he borrowed large amounts of money from bankers, at interest, and used it to pay for the Reconstruction Finance Corporation and the other work-creation projects, which collectively came to be known as the ‘New Deal.’ So ended the last widespread use of a local currency within the U.S.

This pattern of economic collapse and re-emergence of local currencies has occurred thousands of times in many parts of the world. When these currencies have failed or have been suppressed, banks have not always been to blame. Sometimes, local currencies fail because they have been badly designed or implemented. Sometimes, people lose interest in them when the mainstream economy recovers. But they have always returned in one form or another during times of economic failure.

Our present world situation is uniquely different. Despite a relatively prosperous and stable world economy, a quiet monetary revolution has been occurring around the globe over the last 20 years. Awareness is growing about the flaws in our current monetary system, and people are re-creating viable alternatives. We are witnessing for the first time the worldwide creation of money systems designed by the people who use them, instead of by central banks.

Time Dollars in Whatcom County"

[ The Truth About Money: The Money SystemIsnt There a Better Way?
by Francis and Lia Ayley}