Every year, $23 billion leaves Alberta as interest payments -- nearly $18,500 per family. Banks create this money from Albertan collateral, then charge Albertans to use it for decades. The Alberta Buck proposal asks a simple question: what if you could access the purchasing power locked in your own home, farm, or business – without borrowing?
The Alberta Buck (BUCK) is a wealth-backed credit system. Same asset, same insurance – but no bank in the middle, and no interest. A home that currently requires a 25-year mortgage and over $200,000 in interest could instead back BUCKs directly, at roughly one-tenth the annual cost. The built-in Jubilee mechanism ensures no permanent liabilities, and PID-controlled rates keep the system self-tuning with no committees and no politics.
This interactive presentation walks through the problem, explains how bank money creation actually works, and demonstrates – with live simulations you can explore – how BUCKs could retain over $14 billion annually across Alberta's households, businesses, and provincial government. It presents constitutional analysis, historical precedents (Colonial Land Banks, the Swiss WIR Bank, ATB Financial), and modern technical validation (MakerDAO, stablecoins) showing this approach is proven, not speculative.
BUCKs don't replace the Canadian dollar. They replace borrowing.