An Act to establish a framework for the continued access to and use of cash in Canada and to make related amendments to other Acts
This enactment provides for the development and implementation of a framework to ensure that cash continues to be available throughout Canada. It also amends the Currency Act and the Bank of Canada Act to remove the Governor in Council’s power to call in coins and notes. Finally, it amends the Bank of Canada Act to prohibit the Bank of Canada from issuing a digital form of the dollar.
House First Reading