The future of cash in Canada - News Summed Up

The future of cash in Canada


There have never been more ways to pay for something as there are now and the oldest way — cash — is on the decline, especially in Canada. The paper cites the consistent decline of cash payments in Canada for decades. A very close second was Sweden, a country where the government is now studying how going cashless could affect the nation. In Canada, this would be probably under two or three per cent of people actually insisting on using cash. "I think this would put us in the best spot, and I'd like cash to go away cause I think cash creates risk," said Park.


Source: CBC News November 29, 2018 21:11 UTC



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