6th Annual Summer Kickoff Mixer July 14 at SPACES, Toronto

Digital Canadian Dollar: The Required Steps for Canada

CIGI | Robert Fay, David Dodge, Serge Dupont, Mark Jewett, John Murray, Keldon Bester | Jun 22, 2022

Deciding on a Digital Dollar necessary steps for Canada - Digital Canadian Dollar:  The Required Steps for CanadaA growing number of countries around the world are considering or implementing retail central bank digital currencies (CBDCs) that could be used by both consumers and businesses. Before Canada joins its peers in this endeavour, it can learn from their experiences.

This conference report is based on an April 2022 workshop attended by Canadian and international experts.

See:  Podcast: CBDC implementation models and the role of the private sector including Payments Canada architect

The discussion focused on the international backdrop and what can be learned from global leaders in CBDCs, to determine next steps for Canada and to assess the legal and regulatory changes required to support a Canadian CBDC.

Table of Contents

  • Introduction
  • What does the international CBDC landscape look like?
  • What steps can Canada take to prepare for a CBDC?
  • What legislative and regulatory action is needed to implement a Canadian retail CBDC?
  • Conclusion:  The hard work lies ahead

Continue to  view the 18 page report --> here


NCFA Jan 2018 resize - Digital Canadian Dollar:  The Required Steps for CanadaThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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