In his year-end remarks, Governor Tiff Macklem discusses how lessons learned from recent economic volatility are reshaping the way the Bank of Canada conducts economic analysis and communicates with the public.
Governor Tiff Macklem discusses how the economy will continue to adjust to higher interest rates in the year ahead, and outlines what Canadians can expect from the Bank of Canada.
The following fictional case scenarios provide details about the payment functions: initiation of an electronic funds transfer at the request of an end user; the authorization of an electronic funds transfer; and the transmission, reception or facilitation of an instruction in relation to an electronic funds transfer.
The following fictional case scenarios provide details about the payment functions: provision or maintenance of an account on behalf of an end user; the initiation of an electronic funds transfer at the request of an end user; the provision of clearing and settlement services; as well as examples of incidental activities under the Retail Payment Activities Act.
The following fictional case scenarios offer examples of providing or maintaining an account payment function as well as examples of incidental activities under the Retail Payment Activities Act.