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1
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1answer
88 views

Must I accept Canadian funds if I do business in Canada

I'd like to sell a product in Vancouver, Canada. If the company is Canadian, must I accept Canadian dollars? If my company is not incorporated in Canada, does anything change ? Can I sell a product to ...
5
votes
1answer
217 views

Can limits be placed by a merchant on which currency notes are accepted as legal tender? [duplicate]

Possible Duplicate: It is legal for a retailer/store or other business to refuse $50 & $100 bills or other legal tender, e.g. pennies? Here in the USA, it seemed to be becoming more and ...
31
votes
4answers
7k views

How common is counterfeit money in circulation?

I've noticed recently that several places where I paid with a $20 bill, the cashiers used a small marker to detect whether the bill was counterfeit or not before accepting it. Like so: I saw this ...
10
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4answers
356 views

I've heard pennies are being phased out in Canada. Is this true?

If so, will it affect how retailers price items? Will they round up?
3
votes
1answer
178 views

Do companies that get taken-over have to honour the old gift card/certificate?

With reference to this question, can companies that get taken over set limitations on honouring gift cards issued prior to the take-over? Also if a company just changes it's name, can it set limits ...
3
votes
1answer
3k views

Do gift cards expire? Does a gift certificate's value depreciate? How long can I keep them for?

I recently found several gift certificates (yes, way back when) from stores like Restoration Hardware, Omer DeSerres (now Loomis) and Jacob. I live in Canada. Can I use these certificates today, ...
33
votes
4answers
7k views

It is legal for a retailer/store or other business to refuse $50 & $100 bills or other legal tender, e.g. pennies?

I'm trying to find out about businesses refusing $50 & $100 bills. Aren't they required by law to accept all legal tender? I had one person say it could be that it's not all legal (i.e. a ...