CCUA discusses letters of credit and other issues with Finance officials
On Monday, August 24, CCUA discussed a broad range of issues, including letters of credit challenges, and sought updates on other ongoing matters with
As part of the Bank of Canada’s research into the possibility of issuing a digital form of the Canadian dollar, also known as a central bank digital currency (CBDC), the Bank launched a consultation in May on the features that could be included in a digital Canadian dollar. Looking for feedback via survey, the Bank was seeking to understand which features are most important to Canadians, how people would likely use it, which security features are important, and concerns about accessibility and privacy. The consultation has now closed.
CCUA provided a written submission to the Bank of Canada to questions asked in the survey. If you have any questions, please contact Sabena Sandhu.