The New Market Trade Network eliminates the restrictions of one-on-one trading, where a coincidence of timing and value must co-exist. This is done by creating and issuing a notional currency called "trade-dollars" - a tool which provides the exchange member with a quick and convenient method to monetize their excess capacity or idle inventory. For example, a dentist makes a new sale of $1000 to a drycleaner. Both accounts are adjusted according following the treatment; the dentists account relects a sale (credit) of $1000T, the drycleaners a purchase (debit) of $1000T. The dentist can now spend his trade-dollars with any-other-member of the exchange. He might spend $250T on a new sign, then $500T with a mechanic, and have a balance of $250T remaining at month end, which carries over. Each month, much like a bank, the New Market Trade Network issues a statement-of-account which provides an opening and closing balance, and itemizes each trade-dollar sale and purchase.

After completing your NMTN membership application, you will immediately be contacted by one of our trade directors. Your trade director is your main conduit to the other members of the network and your key support vehicle for buying and selling with your trade-dollars. Your trade director will work with you to identify areas of your business where excess capacity or idle inventory exists and establish the parameters for presenting these products or services to the fellow members of the exchange. Remember, the new customers you see through the New Market Trade Network will circumvent all of your exisiting sales channels and be driven to you exclusively by the fact that you are accepting trade-dollars. These customers will often react quickly and buy exactly the items you wish to sell, or time their purchases around your schedule, or visit your property during the shoulder season.

The next step is to work with your trade director to identify exisiting expenditures in your business or upcoming capital investments that can be converted to trade. In some cases this may involve switching allegiances from from your current printer, dentist, or mechanic, etc. The New Market Trade Network only earns a commission when you make expenditures with your trade-dollars, therefore your trade director will want share as much information as possible about the exisiting members, and also work hard to learn what types of investments are on your horizon, both personal and business related. In the trade exchange the best spender wins!

The New Market Trade Network earns a commision only when you make expenditures with your trade-dollars. This fee can range between 7% and 12% depending on your annual trade volume. This unique fee model insures we are motivated to work with you to identify every possible expenditure in your business that can be converted to trade. Cash is the competition!

Assuming you operate a business in a corporate capacity, trade-dollar income is to be treated no different than Canadian Dollar income. Trade-dollars are to be posted in a seperate account in the companies chart-of-accounts. Likewise, expenditures made in trade-dollars can be expensed against income, or written-off, no different than can Canadian Dollar expenditures. Trade-dollars are simply an alternate form-of-payment. There are no tax advantages or disadvantages to commercial trading. Trading should be viewed as a marketing tool and/or a cash-flow management tool, and not a tool to evade taxation. It is recommended that all New Market Trade Network clients consult a tax professional for advice or strategies on dealing with trade-dollar in and out-flows. The New Market Trade Network is not bound by any Provincial or Federal Government Agency to report the trading activity of its member clients. The Canada Revenue Agency does provide an Interpretation Bulletin with regard to Barter Transactions which can be read here. Please note that CRA Interpretation Bulletins are not law, but merely interpretations of the law through the lens of the CRA.

The New Market Trade Network can enable a purchase in advance of a member client achieving the required T$ balance. The NMTN will seek a credit application to determine your trading capacity and the demand for your product and/or services among the membership. This demand is the key criteria in establishing a credit line, and not your credit history, nor years in business, or even your business plan - the NMTN is NOT a bank. Oftentimes, a member client is more comfortable operating his/her account in a deficit position, and so too are we as long as there is a stream of trade-dollar sales to insure the deficit performs. 

It is typical that New Market Trade Network member clients offer their products and services at the retail or published prices in Canadian Dollars, however it is not our business to dictate the terms of your business. New Market Trade Network clients are smart business people and educated shoppers, and aware of what is their cost to manufacture or "print" their trade-dollars, so if something isn''t priced accordingly it simply won''t sell. It is a common misconception among trade exchange members that prices are higher than in the Canadian Dollar world, in fact it is most generally the case that prices are offered at retail and not at a discount. It is been our experience that when a New Market Trade Network client has a choice of spending 100% trade-dollars on something priced at retail, or using his/her cash dollars with your competitor offering a 10%, 20%, or even 30% discount, that the New Market member will win the business.

Please contact us anytime with any question at all, steve@trade-up.ca or 604.982.0067 ext 1.