Implementing and evaluating an inner city local exchange trading system

This report describes the development of a Local Exchange Trading System (LETS) in Winnipeg, and the impact of the LETS upon its members. It sets this description within the historical context of local currencies, and previous developments in Winnipeg. The report traces the development of the LETS in Winnipeg, outlines its current activity level and reviews some of the members' comments about its operation. The findings suggest the difficulties of successfully implementing a LETS that will have significant economic impact. It also suggests some of the challenges of involving those who are of low income and low education levels in the trading system. Responses from members do suggest that the LETS helps to build community and neighbourliness.