Who we are

We are Payments Canada 

We are the organization that underpins the Canadian financial system and economy by owning and operating Canada’s payment clearing and settlement infrastructure, including associated systems, bylaws, rules and standards. 

We are responsible for bringing together a diverse sector to serve Canadians and for empowering a new era of modern payments where a robust and vibrant economy thrives. 

We are a public purpose, non-profit organization fully funded by the financial institutions that participate in our systems. We're headquartered in Ottawa with a growing team in Toronto’s financial district, with approximately 240 full-time staff and operate under a board of directors

We are delegated by the Canadian government and its legislated mandate, as set out in the Canadian Payments Act, driving our vision to... 

Modernize

  • Modernize the core payments systems, including the policies, rules, standards and technology infrastructure.

Operate & Enhance 

  • Strengthen management and overall performance in the key areas of payments systems resilience, and operational excellence. 

FACILITATE 

  • Actively engage with payments system players to understand, inform and leverage market forces.