Canada ‘sleepwalking’ into cashless society, consumer advocates warn

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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Canada ‘sleepwalking’ into cashless society, consumer advocates warn

Canada ‘sleepwalking’ into cashless society, consumer advocates warn

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