Draw by owners.  Whatever procedures you follow to draw cash $ from the till or petty cash apply exactly to cw$.

Payments to staff.  It is neither legal nor useful to offer staff payment in cw$ rather than in legal tender. It is legal and probably very useful to augment existing payments with additional pay or bonuses in cw$ – but this MUST be by staff consent.

Note that such payments increase the tax liabilities of staff, and so should always be provided with enough Canadian $ to meet the tax and other deductions incurred.

The issuance of cw$ – having your trading account in the negative – is equivalent to issuing gift certificates redeemable at your business. While your account is negative – in “commitment” – you are obliged to honour cw$ presented by customers, in accordance with the terms of acceptance you have offered.

Your money is the measure of your word.