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Thursday, July 31, 2025

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Canadian businesses and consumers deserve modern payments regulation

The pandemic has accelerated the move into digital and online transactions while highlighting the critical need for Canadian businesses and consumers to be able to access funds quickly. To enable this, while still meeting the safety and security expectations of Canadian consumers and businesses, Canada must continue to innovate our national payments networks and the policies that underpin them.

It’s time to implement the Retail Payments Oversight Framework and amend the Canadian Payments Act to expand access to the national payments systems for a broader swath of credit unions, regulated financial market infrastructure entities and payment service providers, writes Anne Butler. The Hill Times photograph by Andrew Meade
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BY ANNE BUTLER
March 11, 2021
Opinion | BY ANNE BUTLER | March 11, 2021

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