Brian McPherson: Canadian Tire Money Mogul

This week, and Edmonton Man, Brian McPherson fulfilled a 15 year dream to purchase a lawn tractor entirely with Canadian Tire money.

McPherson, 29, had been saving Canadian Tire money for 15 years, since he bought a hockey stick at the iconic Canadian retailer as a teen-ager. At that time, McPherson had received 10 cents in Canadian Tire money for his purchase, and a dream was born.

"I thought it'd be a good idea to save up all the money, and buy what at the time was the most expensive thing in the store, which was a riding lawn mower." said McPherson.

And so save he did. For 15 years, McPherson saved the Canadian Tire money from purchases on gas, household items, and well, anything else one can buy at Canadian Tire.

So a few weeks back, the McPherson family knew they were getting close to hitting their goal, and decided to count their dollars and cents. Sure enough, they had $1053 in Canadian Tire money. They bundled the money and took it to the store in a brief case.

Several local news outlets showed McPherson using his new lawn tractor on his yard. It's not a yard that really needs a lawn tractor, and McPherson does already own a standard push mower. When asked why he didn't choose to buy something else with the money, McPherson thought that would be ridiculous.

"This is one of those things that you set the goal (when you're a kid) and told your friends and family about what you were saving this ridiculous amount of Canadian Tire money for."

The Canadian Tire store manager, Bruce Duvander said he has worked for the company for 20 years, and only ever seen a similar amount of money redeemed once before.

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Canadian Tire Money Fun Facts:

- Originally introduced in 1958

- The man's face on the front of the notes are a fictional character named "Sandy McTire"

- Over the last 50 years, there have been at least 19 different denominations of Canadian Tire money in circulation. Several of the denominations have been discontinued.

- Was at one time considered a form of legal tender for users of the Canadian E-Bay website, if the seller was willing to accept it.

- In 2004, several customers using an ATM machine at a CIBC branch in Moncton, New Brunswick were dispensed no less than 11 bills of Canadian Tire money instead of actual currency. The bank compensated the customers accordingly.

- In the mid 1990's, a German man was caught with $11,000,000 of counterfeit Canadian Tire money. The fakes were recovered before he was able to fly to Canada to redeem them.

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