Corporate Plan Payments Canada 2019 To 2023
Since 1982, Payments Canada has been an important part of the financial market infrastructure, playing a leading role in the stability and efficiency of clearing and settlement in Canada through the operations and enhancements of its systems, by-laws, rules, and standards.
As part of its mandate, Payments Canada leads Canada’s payments Modernization initiative. The program was launched in 2016 when Payments Canada published a Vision for the Canadian Payment Ecosystem for modernized payments in Canada and a supporting Industry Roadmap and High-Level Plan. These and other elements were formalized within the Modernization Target State document, published in December 2017.
