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… our core purpose to provide safe, efficient and effective clearing and settlement of payments. The plan is updated on …

… and drive resilience as we operate Canada’s national clearing and settlement systems. Payments Canada plays a …

… outlines the procedures for the Exchange for the purpose of Clearing and Settlement of PADs that are supported by an …

… and may offer motivating incentives. Even arduous cheque-writing has been mostly displaced for consumers by … and automatic withdrawals. Business payments are still cheque-heavy, driven by a need for remittance data that …

… a systemically important payment system under the Payment Clearing and Settlement Act . Lynx makes possible the safe … and economy by owning and operating the country’s payment clearing and settlement infrastructure, including the …

… abroad. These arrangements may differ in exchange and clearing, but will settle via networks of correspondent … of access relates to the ability to participate in national clearing and settlement systems. PSPs in Canada do not … (CP Act) to establish and operate national systems for the clearing and settlement of payments; facilitate the …

… their businesses and the economy. In Q3 2023, the Automated Clearing Settlement System (ACSS) and Lynx continued to operate safely and smoothly, clearing and settling over 27 trillion dollars, and work …

… I’m pleased to share that so far this year, the Automated Clearing Settlement System (ACSS) and Lynx have cleared and …