September 8, 2025 Letter to Industry on Trust Tax Issue As of September 8, 2025, the Bank of Canada’s mandate to supervise Payment Service Providers (PSPs) under the Retail Payments Activities Act (RPAA) is in effect, including regulatory obligations related to operational risk and end-user funds safeguarding. The Bank and the Department of Finance have been made aware of possible unintended tax consequences for PSPs seeking to comply with the safeguarding requirements of the RPAA using the “in trust in a trust account” method. Content Type(s): Press, Announcements Research Topic(s): Retail payments supervision
September 8, 2025 Payment Service Providers are now under Supervision – Registry to follow Today the Bank of Canada’s mandate to supervise Payment Service Providers under the Retail Payment Activities Act came into effect. Content Type(s): Press, Announcements Research Topic(s): Retail payments supervision
September 8, 2025 Bank of Canada begins supervising Payment Service Providers Today the Bank of Canada’s mandate to supervise Payment Service Providers under the Retail Payment Activities Act came into effect. Content Type(s): Press, Announcements Research Topic(s): Retail payments supervision
August 13, 2025 Canada Border Services Agency and Royal Canadian Mounted Police win Bank of Canada counterfeit deterrence award The Bank of Canada is pleased to announce the recipients of its 2025 Law Enforcement Award of Excellence for Counterfeit Deterrence. Content Type(s): Press, Announcements
August 8, 2025 Update on Payment Service Providers Registry On September 8, 2025, the Bank of Canada will begin to publish a list of Payment Service Providers (PSPs) that have been registered under the Retail Payment Activities Act, as well as the names of entities whose applications have been refused. Content Type(s): Press, Announcements Research Topic(s): Retail payments supervision
May 1, 2025 Bank of Canada announces 2024–25 scholarship recipients The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards for students with disabilities, Indigenous students, LGBTQ2S+ students, francophones, and students who identify as a woman or as a member of a visible minority or racialized group. Content Type(s): Press, Announcements Source(s): Scholarship awards
March 17, 2025 Bank of Canada announces the Governor’s Award recipient of the 2025 Fellowship Program Learn about the recipient of the Governor’s Award for 2025. Content Type(s): Press, Announcements Source(s): Fellowship Program
February 20, 2025 Protecting yourself from scams Here’s how to recognize and report a scam. Content Type(s): Press, Announcements
February 3, 2025 University of Ottawa crowned National Champion of The Governor’s Challenge The Bank of Canada is pleased to announce the University of Ottawa has won the tenth annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council. Content Type(s): Press, Announcements Source(s): The Governor's Challenge
January 30, 2025 Award-winning exhibition “Money in 10 Questions: Kids Edition” hits the road across Canada The Bank of Canada Museum is thrilled to announce the nationwide tour of its award-winning travelling exhibition, Money in 10 Questions: Kids Edition, kicking off at the Lloydminster Museum + Archives from January 31 to April 27, 2025. Content Type(s): Press, Announcements