An Act to establish a framework for the continued access to and use of cash in Canada and to make related amendments to other Acts
Bill C-276 (45-1), the Framework on the Access to and Use of Cash Act, is a Conservative Private Member's Bill from Ted Falk (Provencher) to keep physical cash available across Canada as payments move online and bank branches close. It would require the federal government to develop and put in place a framework ensuring cash stays available, amend the Currency Act and the Bank of Canada Act to remove the Governor in Council's power to withdraw coins and notes from circulation, and amend the Bank of Canada Act to bar the Bank from issuing a digital version of the Canadian dollar. The Bank of Canada had been studying a central bank digital currency before shelving active work in 2024. Supporters say cash protects privacy and serves people without bank accounts or reliable internet. The bill received first reading on May 4, 2026, and is outside the Order of Precedence.
Status
Quick learn
Would require a federal framework to keep cash available as payments go digital, remove the power to pull coins and notes from circulation, and bar the Bank of Canada from issuing a digital dollar. A Conservative private member's bill from Ted Falk; it is at first reading.
Issues this bill touches
- Cost of Living
Requires banks and federally regulated businesses to continue accepting and dispensing cash. Targets the post-pandemic decline of cash acceptance.
Legislative history
- First reading
First reading in the House of Commons.
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Official source
Read full text on Parliament of Canada