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5 Cents - Canadian Tire 'Money' "at Canadian Tire stores"
| Issuer | Canadian Tire Corporation, Limited |
|---|---|
| Year | 1985 |
| Type | Log in to see details |
| Value | 5 Cents 0.05 CAD = EUR 0.031 |
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| Obverse description | The Canadian Tire inverted triangle logo appears at left alongside the Sandy McTire character vignette. Bilingual inscriptions in English and French frame the design, with the denomination numeral "5¢" at each corner. The note is printed in green on white paper stock. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | REDEEMABLE FOR MERCHANDISE AT CANADIAN TIRE STORES 5¢ CANADIAN TIRE 5¢ REMBOURSABLE EN MARCHANDISE AUX MAGASINS CANADIAN TIRE PRINTED IN CANADA ©1985 CANADIAN BANK NOTE COMPANY, LIMITED. IMPRIMÉ AU CANADA |
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| Comments |
Canadian Tire coupons — officially "Canadian Tire Money" though they carry no legal tender status — were first introduced in 1958 as a customer loyalty mechanism, distributed as change on cash purchases. The Canadian Bank Note Company printed them to a deliberately high security standard, using the same firm responsible for federal currency, which gave the coupons a credibility that likely contributed to their unusual secondary life as an informal local currency in parts of rural Canada.
By 1985 the program was well established enough that acceptance at third-party businesses — gas stations, small retailers, even some restaurants — was commonplace in Ontario. The 5-cent denomination is the lowest in the series.