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Coalition calls for Canada payments system reform

Chrystia Freeland
Chrystia Freeland. Photo: Brett Gundlock/Getty Images

MIinister of Finance Chrystia Freeland lobbied by group of 14 financial insitutions.

A coalition of 14 Canadian financial institutions has called on the country’s Minister of Finance Chrystia Freeland (above) to make changes to the Canadian Payments act (CP Act) to expand access to payment systems.

A joint letter to Minister Freeland says change is needed because “The Canadian regulatory framework has