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| Issuer | Canadian Tire Corporation, Limited |
|---|---|
| Year | 1989 |
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| Value | 2 Dollars |
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|---|---|
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| Reverse description | Printed in golden-yellow on white paper with a radiating guilloche underprint flanking the central Canadian Tire triangular logo. Large $2 numeral vignettes appear at left and right within the guilloche field. Bilingual redemption conditions in English and French are set in two columns below the central design, with the serial number printed twice in black at the upper portion of the note. |
| Reverse lettering | ©1989 CANADIAN TIRE CORPORATION, LIMITED. REDEEMABLE IN MERCHANDISE ONLY AT CANADIAN TIRE STORES Property of Canadian Tire Corporation, Limited. Propriété de la Société Canadian Tire Limitée. $2 CANADIAN TIRE $2 Cash bonus coupons are redeemable in merchandise only at Canadian Tire associate stores and only in association with consumer purchases of merchandise or service in the ordinary course of retail business. Les billets-bonis sont remboursables en marchandise uniquement aux magasins associés Canadian Tire, et cela seulement dans le cadre d`achats de marchandises ou de services, faits par un consommateur dans le cours normal des opérations de vente au détail. REMBOURSABLE EN MARCHANDISE UNIQUEMENT AUX MAGASINS CANADIAN TIRE PRINTED IN CANADA B.A. BANKNOTE IMPRIMÉ AU CANADA |
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| Comments |
Canadian Tire "money" is not legal tender and never pretended to be, but it functioned as one of the most successful private loyalty currencies in North American retail history. These coupons were issued at roughly 0.4% of the purchase value — a figure that barely changed across decades — and were accepted as partial payment at Canadian Tire stores nationwide, creating genuine secondary circulation among consumers who traded and collected them.
The decision to commission BA International, a firm with deep roots in printing genuine federal banknotes for the Bank of Canada, lent the coupons an authenticity of finish that almost certainly reinforced customer willingness to accumulate them. The program launched in 1958; by 1989 the denomination structure had long stabilized.