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Needed reforms of Canadian Payments Act highlighted to Minister of Finance

Aug 22, 2018 2:00 PM

Consumers Council of Canada President Don Mercer has written the Hon. Bill Morneau, Minister of Finance Canada, to make him aware of Council views related to reform of the Canadian Payments Act, contained in the Council's report: Updating the Canadian Payments Act – A Consumer Perspective Spotlight.

Mercer currently serves as one of two consumer representatives on the Stakeholder Advisory Council of Payments Canada.

Updating the Canadian Payments Act – A Consumer Perspective Spotlight touches on competition in the payments system, hinderances to consumer representation in this regulated sector, and certain terms of reference of the Payments Canada's stakeholder advisory council.

Payments Canada is responsible for Canada's essential payments systems. It's stakeholder advisory council is a forum for consultation and engagement with its broad base of stakeholders, including consumer associations, businesses, retailers, and governments, as well as related service providers.

Copies of Updating the Canadian Payments Act – A Consumer Perspective Spotlight can be purchased in ePUB or PDF formats through the Council's online content store at: 

Public Statements, Financial Services, Payments, Focus-Digital Economy, Right-Choice, Right-Representation  




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