Moncton Forum

I had the crazy idea of accepting Canadian Tire money as partial payment for my products. As far as I know Canadian Tire is non taxable and wouldn't count as income yet I still could spend it for things I need if I go to Canadian Tire. This idea sounds too good to possibly work. Does anybody know anything about this kind of stuff?

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Remember yesterday, respect tomorrow, live for today.

Hug a tree, it's bark is worse than it's bite.

Well willie, If you shop at canadian tire, It would be a thought. As for using it for payment for your products what ever your product costs, That person could give you a few cents to take it off the price. But if your product costs $20 and someone comes in with $ 20 in canadian tire money, You would have to pay for the product your self, Meaning that your cost to ship the product to your place. So if you dont go to canadian tire much, That person just got a free product.

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A
true friend is someone who reaches for your hand and touches your heart

I suppose I would get in trouble if I put in any to a bank machine to pay my credit card with. It did sound like a good way to make tax free money. Maybe I'll start taking C.T. money up to 5% of the purchase.

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Remember yesterday, respect tomorrow, live for today.

Hug a tree, it's bark is worse than it's bite.

That might be ok willie, Then after you accumalte a few dollars of C.T money you could get stuff at C.T My wife saves it and one time she bought something that costs $50  all with CT money

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A
true friend is someone who reaches for your hand and touches your heart

My Hardly Davidson came from Canadian Tire. Never know, I might have to get a new one in a couple of years.

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Remember yesterday, respect tomorrow, live for today.

Hug a tree, it's bark is worse than it's bite.

As an experiment I will accept Canadian Tire money at par at my tables at the market. Bring it all in. I want to be Moncton's first Canadian Tire millionaire.

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Remember yesterday, respect tomorrow, live for today.

Hug a tree, it's bark is worse than it's bite.

The video store I used to work with (Video Tech) used to accept Canadian Tire as well. People would come in a little embarassed asking "Is it true you accept Canadian Tire money or is someone pulling my leg?" Not sure if they still do but we used it for buying store supplies.

There's also an article here about a liquor store that does the same: http://www.lilith-ezine.com/articles/canada/2006/Canadian-Tire-Money.html

I plan to up my cashflow by 10 to 20% by accepting Canadian Tire money. If I ever start making a profit Canadian Tire money is tax free.                  (so far)

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Remember yesterday, respect tomorrow, live for today.

Hug a tree, it's bark is worse than it's bite.

Money is money. I don't think they will tax you too heavily on that crappy money.

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Never underestimate the power of stupid people in large groups.

I haven't made any money yet, but if I win the lottery, I'll be my best customer.

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Remember yesterday, respect tomorrow, live for today.

Hug a tree, it's bark is worse than it's bite.

I get canadian tire money when I buy Gas!!!

I noticed that sometimes you have ask or they won't give you any. Buggers.

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"I think we have done this before and we shall do it again. The players may be different but the rules of game remains the same".

Mrs W doesn't get Canadian tire any more. She gets points direct depositited to her account by using her Canadian Tire card.

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Remember yesterday, respect tomorrow, live for today.

Hug a tree, it's bark is worse than it's bite.

Wahooo....I took in $6.75 in Canadian Tire money today. It's not much but it sure fills up your pocket and makes you think you are rich.

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Remember yesterday, respect tomorrow, live for today.

Hug a tree, it's bark is worse than it's bite.