Premier William Aberhart's government had won power in the 1935 provincial election partly on the scheme.
[1] Although not technically money, each certificate was marked with a value of one dollar, and redeemable for $1 Canadian at the end of its life or on certain dates during the course of the program.
Thus people were encouraged to spend whatever certificates they had each week, to avoid having to make too many payments of the one-percent tax.
This stamp scrip, innovated by Silvio Gesell, was not part of the theories of Aberhart's mentor, social credit founder Major C. H. Douglas.
[4] Alberta's prosperity certificates have never been listed in the Standard Catalog of World Paper Money.