Canada ‘sleepwalking’ into cashless society, consumer advocates warn
A consumer group is urgently calling on the federal government to follow other jurisdictions in the U.S and Europe and bring in legislation to stem the slide toward a cashless society.
Only 10 per cent of transactions in Canada today are done using cash, according to Carlos Castiblanco, an economist with the group Option Consommateurs.
“There is a need to protect cash right now before more merchants start refusing [it],” Castiblanco recently told CBC Radio’s Ontario Today.
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Mika Harris2024-07-15 00:50:322024-07-15 00:50:32Canada ‘sleepwalking’ into cashless society, consumer advocates warn