As part of its mandate to promote the economic and financial welfare of Canada, the Bank of Canada strives to support secure, reliable and efficient payment options for the benefit of all Canadians. Current activities that support this goal include providing liquidity to the financial system; overseeing prominent and systemically important financial infrastructure; and designing, producing and distributing bank notes. However, as modern economies become increasingly digital—bringing not only competition challenges but also large economic opportunities—central banks are considering whether they should provide a form ... (full story)