Canada's central bank recognizes that CBDCs are a necessarily international issue. Canada doesn’t want any "surprises" regarding central bank digital currencies. In a recent interview with Reuters, Bank of Canada Governor Tiff Macklem doubled down on the country's contingency-plan approach to CBDCs, stressing that he sees no urgent need to issue one right now.
For Macklem, inter-state competition and coordination remains the key question when it comes to CBDC issuance. He told reporters:
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