As a growing number of countries adopt digital payments and currencies, the Centre for International Governance Innovation and Bennett Jones LLP hosted a virtual workshop on March 7, 2023, to discuss the implications for Canada. Building on their previous work in related fields, participants including Canadian and international experts from the public and private sectors as well as from academia explored four topics: payments system modernization, open banking, stablecoins and central bank digital currencies. Creating a trustworthy digital financial system in which Canadians can conduct personal and business transactions in a reliable way is key to Canada’s successful adoption of digital payments and currencies.
