Toronto dollar

This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Toronto dollar" – news · newspapers · books · scholar · JSTOR (May 2024) (Learn how and when to remove this message)

The Toronto dollar was a paper local currency used in Toronto, Ontario from 1998-2013. It had fixed exchange rates with the Canadian dollar. A lower exchange rate was used when trading Toronto dollars for Canadian dollars than vice versa, and the income from this disparity was used to fund social benefit programs.