The Bank of Canada says it wants to hear from Canadians on what kind of features it should include in a potential digital currency.
In an online survey running until June 19, the central bank asks what people think about a range of design options including being able to use the currency offline, to recover funds lost from theft and to make transactions without a bank account.
A digital currency would be different from cryptocurrencies as it would be backed by the central bank and its value wouldn't change since it would be just another form of Canadian currency.
The Bank of Canada says that while it doesn't see a need for a digital dollar now, it's preparing for the potential need ahead.
It says a digital currency might be necessary if cryptocurrencies or digital currencies issued by other countries become widely enough used in the country that they start to compromise the role of an official, centrally issued currency.
The Bank of Canada says a digital currency could also be needed if the rise of digital transactions make using cash more difficult and thereby risk excluding many Canadians from taking part in the economy.
This report by The Canadian Press was first published May 8, 2023.
'Numerous law enforcement officers' have been shot in an 'active situation' in Charlotte, North Carolina, police say.
Toronto police say 12 people are facing a combined 102 charges in connection with an investigation into a major credit fraud scheme.
A Calgary elementary school principal has been charged with possession of child pornography, authorities announced Monday.
Saskatchewan Premier Scott Moe says the Canada Revenue Agency plans to audit the province for not paying carbon levies on home heating.
One of the winners of a historic US$1.3 billion Powerball jackpot last month is an immigrant from Laos who has had cancer for eight years and had his latest chemotherapy treatment last week.
B.C. Premier David Eby has joined other politicians denouncing remarks at a demonstration in Vancouver where protesters chanted “long live Oct. 7,” praising that day's attacks by Hamas on Israel.
Norovirus is spreading at a 'higher frequency' than expected in Canada, specifically, in Ontario and Alberta, according to the Public Health Agency of Canada.
Moderate drinking was once thought to have benefits for the heart, but better research methods have thrown cold water on that.
NDP Leader Jagmeet Singh says he's still not ready to say whether his caucus will support the federal budget, citing a need for further 'clarity' over whether the Liberals intend to address concerns surrounding the Canada Disability Benefit program.
Saskatchewan Premier Scott Moe says the Canada Revenue Agency plans to audit the province for not paying carbon levies on home heating.
A Calgary elementary school principal has been charged with possession of child pornography, authorities announced Monday.
McGill University says the growing encampment on its lower field in solidarity with Palestinians in Gaza violates its policies.
Immigration Minister Marc Miller says international students will be able to work off-campus for up to 24 hours per week starting in September.
Pro-Palestinian protesters have established an encampment at the University of British Columbia in Vancouver in solidarity with the people of Gaza amid the ongoing Israel-Hamas war.
For the first time, negotiators from most of the world's nations are discussing the text of what is supposed to become a global treaty to end plastic pollution.
The trial of a Massachusetts woman who allegedly killed her Boston police officer boyfriend by intentionally driving her SUV into him opened Monday.
Uruguay's former guerilla-turned-president, Jose Mujica, widely known as a leftist icon who transformed his small country into one of the most socially liberal in all of Latin America, said Monday that he has esophageal cancer.
Columbia University's president said on Monday that talks with pro-Palestinian protesters over the dismantling of an encampment on the Ivy League campus had failed and urged them to voluntarily disperse or face suspension from school.
The U.S. State Department has determined that five Israeli security units committed gross violations of human rights prior to the outbreak of the war with Hamas in Gaza, but is still deciding whether to restrict military assistance to one of the units under U.S. law.
NATO countries haven't delivered what they promised to Ukraine in time, the alliance's chief said Monday, allowing Russia to press its advantage while Kyiv's depleted forces wait for military supplies to arrive from the U.S. and Europe.
The climate crisis impacts Earth — its land, its atmosphere and its bodies of water — and it also profoundly affects the health and behavior of the planet’s inhabitants large and small, including humanity.
NDP Leader Jagmeet Singh says he's still not ready to say whether his caucus will support the federal budget, citing a need for further 'clarity' over whether the Liberals intend to address concerns surrounding the Canada Disability Benefit program.
Members of Parliament are questioning why Canadian security officials did not inform them that they had been the target of Beijing-linked hackers, after learning from the FBI that the international parliamentary alliance they are a part of was in the crosshairs of the Chinese cyberattack in 2021.
The federal minister for addictions and mental health says it's too early to draw conclusions about drug decriminalization, after British Columbia asked Ottawa to scale back its pilot to help curb concerns over public drug use.
Moderate drinking was once thought to have benefits for the heart, but better research methods have thrown cold water on that.
Tobacco manufacturers have until Tuesday to ensure every king-size cigarette produced for sale in Canada has a health warning printed directly on it.
The number of measles cases around the world nearly doubled from 2022 to 2023, researchers say, presenting a challenge to efforts to achieve and maintain elimination status in many countries.
A northern Ontario beekeeper is sounding the alarm after discovering most of her bees had died earlier this year.
Anyone who has a Gen-Z person in their life is likely familiar with the popular social media app TikTok, but a new bill in the U.S. may soon take it off of the American market.
State-sponsored actors targeted security devices used by governments around the world, according to technology firm Cisco Systems, which said the network devices are coveted intrusion points by spies.
Taylor Swift continues to dominate in the week following the release of her 11th album, "The Tortured Poets Department." The 31-track album has hit No. 1 on the Billboard 200 chart, tying Swift with Jay-Z for second-most No. 1 albums at 14. Only The Beatles, with 19 No. 1 albums, have had more.
Anne Hathaway first shared she lost interest in drinking after a bad hangover in 2018. She’s now five years sober.
French actor Gerard Depardieu will be tried next October for alleged sexual assaults against two women during a 2021 film shoot, the Paris public prosecutor said on Monday.
For the first time in eight years, Canada imported more electricity from the U.S. than it exported amid prolonged dry conditions that have reduced hydroelectric power generation.
Medical device maker Philips said Monday it will pay US$1.1 billion to settle hundreds of personal injury lawsuits in the U.S. over its defective sleep apnea machines, which have been subject to a massive global recall.
The majority of Canadians aspiring to buy a home say they will push their plans to next year or later to wait for interest rates to drop, a new survey shows.
One of the winners of a historic US$1.3 billion Powerball jackpot last month is an immigrant from Laos who has had cancer for eight years and had his latest chemotherapy treatment last week.
A nearly century-old church in one of Vancouver's most desirable neighbourhoods is up for sale.
A gold watch worn by John Jacob Astor IV, a member of the wealthy Astor family and the richest man aboard the Titanic, sold for a record-breaking US$1.485 million at auction on Saturday.
Winnipeg forward Vladislav Namestnikov suffered a fractured cheekbone when a puck hit him on the left side of his face in Game 4 against Colorado, the team said Monday.
Montreal's Felix Auger-Aliassime advanced to the fourth round of the Madrid Open tennis tournament Monday in a walkover after Czech opponent Jakub Mensik retired.
Tributes continue to pour in for Bob Cole as his family has confirmed a funeral will be held for the legendary broadcaster Friday in St. John's, N.L.
Rolls-Royce is vastly expanding its factory in Chichester, England. The BMW subsidiary is adding five new buildings with construction planned to start next year.
On a three-lane test track along the Monongahela River, an 18-wheel tractor-trailer rounded a curve. No one was on board.
An Ontario man who took out a loan to pay for auto repairs said his car was repossessed after he missed two payments.
Since 1932, Montreal's Henri Henri has been filled to the brim with every possible kind of hat, from newsboy caps to feathered fedoras.
Police in Oak Bay, B.C., had to close a stretch of road Sunday to help an elephant seal named Emerson get safely back into the water.
Out of more than 9,000 entries from over 2,000 breweries in 50 countries, a handful of B.C. brews landed on the podium at the World Beer Cup this week.
Raneem, 10, lives with a neurological condition and liver disease and needs Cholbam, a medication, for a longer and healthier life.
The lawyer for a residential school survivor leading a proposed class-action defamation lawsuit against the Catholic Church over residential schools says the court action is a last resort.
Mounties in Nanaimo, B.C., say two late-night revellers are lucky their allegedly drunken antics weren't reported to police after security cameras captured the men trying to steal a heavy sign from a downtown business.
A property tax bill is perplexing a small townhouse community in Fergus, Ont.
When identical twin sisters Kim and Michelle Krezonoski were invited to compete against some of the world’s most elite female runners at last week’s Boston Marathon, they were in disbelief.
The giant stone statues guarding the Lions Gate Bridge have been dressed in custom Vancouver Canucks jerseys as the NHL playoffs get underway.
Pro-Palestinian protesters have established an encampment at the University of British Columbia in Vancouver in solidarity with the people of Gaza amid the ongoing Israel-Hamas war.
A B.C. government lawyer says court documents in a policing dispute with the City of Surrey contain significant allegations of harassment and bullying by the RCMP that should be kept from public view because they could cause “undue public concern.”
B.C. Premier David Eby has joined other politicians denouncing remarks at a demonstration in Vancouver where protesters chanted “long live Oct. 7,” praising that day's attacks by Hamas on Israel.
Toronto police say 12 people are facing a combined 102 charges in connection with an investigation into a major credit fraud scheme.
Norovirus is spreading at a 'higher frequency' than expected in Canada, specifically, in Ontario and Alberta, according to the Public Health Agency of Canada.
A Toronto senior says he missed a court date related to his impending eviction because he was recovering from a heart attack in hospital.
A Calgary elementary school principal has been charged with possession of child pornography, authorities announced Monday.
The Alberta government has laid out the path ahead for an ambitious passenger railway system it says 'has incredible potential' for the province.
A new capital gains tax increase, aimed at Canada’s highest earners, is causing frustration for some Albertans with secondary homes or cottages, according to a real estate broker.
Premier Doug Ford announced the province will be opening a new regional office dedicated to Ottawa on Monday.
An Ottawa woman says she believes clicking on a fraudulent link led to her entire bank account being compromised, leaving her out thousands of dollars.
As the Ontario government gets set to ban cellphones in school starting in September, the Ottawa Catholic School Board is poised to develop its own local policy encompassing 'broader technological considerations.'
McGill University says the growing encampment on its lower field in solidarity with Palestinians in Gaza violates its policies.
A police officer on Montreal's South Shore anonymously donated a kidney that wound up drastically changing the life of a schoolteacher living on dialysis.
In a time of push for bigger and better infrastructure, Quebec researchers are working toward an environmentally friendly way to build bridges and construct sidewalks.
Construction crews on Monday again began to close Stony Plain Road through the Glenora neighbourhood for Valley Line West LRT work.
London Drugs locations in Alberta and throughout western Canada are closed Monday after what the company described as a "cybersecurity incident" over the weekend.
An oilfield equipment supply company has been ordered to pay $360,000 in connection with the death of a worker more than two years ago.
Police have charged a third youth in connection with the death of a teenager in Halifax last week.
A Bedford, N.S., man has been charged with stunting after the RCMP says he was caught driving more than 138 km/h over the posted speed limit.
A high school in Halifax is dismissing students early Monday due to an alleged threat.
The trial of a Winnipeg man accused of killing four women began this morning with a preliminary matter before the jury is called in next week.
The trial for the man accused of killing four Indigenous women in Winnipeg is set to get underway on April 29.
Winnipeg forward Vladislav Namestnikov suffered a fractured cheekbone when a puck hit him on the left side of his face in Game 4 against Colorado, the team said Monday.
Saskatchewan Premier Scott Moe says the Canada Revenue Agency plans to audit the province for not paying carbon levies on home heating.
A 20-year-old Kindersley man faces multiple charges for impaired driving and failing to stop at the scene of a fatal crash that led to the death of a 21-year-old man in the town west of Saskatoon early Saturday morning.
Several western Canadian organizations representing producers have joined the fray in expressing their concerns over the proposed merger of Regina based Viterra with the Swiss-founded company Bunge.
Ontario Premier Doug Ford says the province's latest attempts to limit cellphone use in classrooms are designed to help students focus on learning.
Two Fergus schools were placed in hold and secure Monday while Ontario Provincial Police investigated a potential threat.
Immigration Minister Marc Miller says international students will be able to work off-campus for up to 24 hours per week starting in September.
A 27-year-old Saskatoon man is facing assault charges following a report of intimate partner violence on Saturday.
A 20-year-old Kindersley man faces multiple charges for impaired driving and failing to stop at the scene of a fatal crash that led to the death of a 21-year-old man in the town west of Saskatoon early Saturday morning.
Saskatchewan Premier Scott Moe says the Canada Revenue Agency plans to audit the province for not paying carbon levies on home heating.
Police in Greater Sudbury have charged a 57-year-old Sudbury suspect with sexual assault in a case that dates back 25 years.
A gruesome discovery was made in a remote wooded area of Greater Sudbury on Sunday night, Sudbury police say.
One person has been taken to hospital with unknown injuries following a collision on Notre Dame Avenue in Sudbury on Monday.
The Thames Valley District School Board is still trying to get a handle on the upcoming classroom restrictions being implemented by the province of Ontario.
A woman is in police custody after allegedly setting a fire outside a home in the city’s core late last week.
Multiple ceremonies were held Monday to mark the beginning of construction of several new schools and childcare centres across the London region.
Police say the Highway 400's northbound lanes are still closed after the crash early Monday.
County Road 27 is closed due to an ongoing collision investigation.
An alleged suspect has been identified by police for a car-bombing incident in Barrie last fall.
A 19-year-old motorcycle driver has died after being struck by a car on Sunday evening. Around 8:30 p.m., police responded to the crash in the southbound lanes of Dougall Avenue near the E.C. Row Expressway.
Sentencing has been delayed for a Windsor denturist convicted of sex offences.
Windsor teachers don’t expect much to change as the Province bans cellphones in classrooms, with board rules across the region already restricting device use.
Dozens of London Drugs stores across Western Canada remained closed Monday following what the company described as a "cybersecurity incident" over the weekend.
Pro-Palestinian protesters have established an encampment at the University of British Columbia in Vancouver in solidarity with the people of Gaza amid the ongoing Israel-Hamas war.
A nearly century-old church in one of Vancouver's most desirable neighbourhoods is up for sale.
Out of more than 9,000 entries from over 2,000 breweries in 50 countries, a handful of B.C. brews landed on the podium at the World Beer Cup this week.
An emaciated dachshund is now recovering thanks to a Good Samaritan who found the pup near a biking trail in Kelowna, according to the BC SPCA.
Search and rescue crews have been called in after a vehicle belonging to a missing senior was located near a rural intersection outside of Kelowna Tuesday.
Three locations, more than 200 vehicles pulled over – Mounties out of a southern Alberta detachment conducted a check stop operation on Friday night.
The Brooks Bandits got down to business Friday, defeating the Okotoks Oilers 8-2.
An Alberta political scientist said the NDP leadership hopefuls remained fairly even following the first of the party’s debates.
The Smile Cookie campaign kicked off at Tim Hortons locations across northeastern Ontario on Monday.
A first-of-its-kind event aimed at sharpening the skills of volunteer firefighters across the region was held in Iron Bridge on the weekend.
A 28-year-old has been charged following an incident Sunday at a gas station in Sault Ste. Marie.
Tributes continue to pour in for Bob Cole as his family has confirmed a funeral will be held for the legendary broadcaster Friday in St. John's, N.L.
Legendary sportscaster Bob Cole was a Newfoundlander through and through, and his daughter says his connection to the province was 'everything' to him.
Cenovus Energy has been ordered to pay a $2.5-million fine for its role in the largest offshore oil spill ever recorded in Newfoundland and Labrador.
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