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Wait whats new then, dont they have interac, its at least real time on the surface and you can bind cards, bank accounts etc to it, so what am I missing?
I believe it's a show-off of "progress" on the fintech side. Not saying it's bad and for sure some good will come out of it. But a lot of government projects are just how money is created in Canada and to keep the economy moving. It makes Canada look important and enhances the "Canada" brand. This can be dangerous as it can give you a feeling of accomplishing something without really innovating anything.