Credit Unions to Dole Out Toonies on City Streets

Ding FreeMoney may not grow on trees, but if you’re downtown today, you might just get handed some free cash anyway.

Through a nationwide campaign called Ding Free Day, credit union ambassadors will be out in nine Canadian cities handing out $25,000 in two-dollar coins. The toonies represent a bank’s typical ATM surcharge fee.

The campaign aims to highlight how Canadians can avoid getting “dinged” by their financial institutions and see the benefit of being a member of a credit union, where members can visit thousands of surcharge-free ATMs across the country.

Canada’s credit unions are also donating $2 — up to $25,000 in total — on behalf of every member who downloads the Ding Free ATM locator app, to their choice of one of three Canadian charities: the Terry Fox Foundation, the Rick Hansen Foundation or the Trans Canada Trail Foundation.

Teams will be out at noon today at the northwest corner of Portage Avenue and Main Street, Portage and Notre Dame Avenue, and Portage and Edmonton Street.