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… public consultation on potential measures that the federal government could take to strengthen competition in Canada’s … of Payment Service Providers (PSPs), 2 the federal government announced its intention to amend the Canadian … is expected to displace inefficient payment methods like cheques and cash, leading to a decrease in aggregate …

… debits, direct deposits, bill payments, wire payments and cheques. Payments are an essential part of our economy and … a home, an invoice paid to a local business or a first paycheque — payments keep Canadians and the economy moving …

… Traditional payment methods still prevail, but cash and cheque decline accelerates as businesses and consumers adopt … approximately five per cent each year. While the volume of cheques written continues to decline, the value of those cheques is growing slightly. There were 20 per cent fewer …

… that Canadian businesses still use credit cards, cash and cheques as top payment methods. The trio discusses how we … You got it. We've just come off a big year fighting with government. The last thing we want to do is fight with the … new footing. There has been a lot of change for the better. Governments have stepped in and provided I think some rules …

… debits, direct deposits, bill payments, wire payments and cheques. Payments Canada is a proud supporter of the …

… What considerations are being made by central banks AND governments prior to the creation of a digital currency? … form of digital currency. Privately issued means there's no government behind it and digital means that it only exists … up a little bit maybe on what Rod said, but also why are governments and Central Banks exploring the option of …

… one of the most important financial policy initiatives the government can lead. Payments are the part of finance that … most on a day-to-day basis. Much like our mission at Wise, governments should strive to make payments instant, … payment help consumers avoid hefty fees from overdraft and cheque cashing, while small businesses unlock working …

… In the 2023 Fall Economic Statement (FES), the federal government committed to amendments of the Canadian Payments … Act . So right after the Fall Economic Statement , the government published final regulations for the Retail …