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Conservatives are pushing to safeguard Canadians’ access to physical cash while moving to permanently block the creation of a central bank digital currency, arguing that financial privacy and reliability are at risk in an increasingly digital economy.
Conservative MP Ted Falk introduced the Framework on the Access to and Use of Cash Act in Ottawa, a private members’ bill that would require the federal government to formally protect access to cash and prevent the Bank of Canada from issuing a central bank digital currency (CBDC).
“Cash is freedom — it is private, reliable, and you don’t need an app or computer to use it,” Falk said. “Canadian customers should always have the option to use it.”
The proposed legislation would direct the Minister of Finance to establish a national framework ensuring Canadians can still withdraw and deposit physical cash, while also supporting the long-term viability of cash infrastructure across the ...
https://www.armstrongeconomics.com/international-news/canada/canada-is-running-toward-europe-as-the-west-fractures/
“The summit in Armenia was never simply about diplomacy. It was about constructing a new bloc of so-called “middle powers” aligned against the growing nationalist shift coming out of Washington. Carney has been openly pushing this idea for months, arguing that countries like Canada and Europe must deepen cooperation because the “old order” is breaking apart. That is globalist language for saying the United States is no longer willing to carry the system financially or militarily the way it once did.
That is why Carney fits naturally into these European summits. He spent years inside the central banking system, running both the Bank of Canada and the Bank of England. He was one of the loudest advocates globally for climate finance structures, ESG investing, and coordinated global financial governance. Europe views him as one of their own intellectually.
Carney is ...
