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Tabled

C-400Framework on the Access to and Use of Cash Act

An Act to establish a framework for the continued access to and use of cash in Canada and to make related amendments to other Acts

Private member's bill, introduced in the House of Commons on June 13, 2024

Status
At second reading in the House of Commons since June 13, 2024
Sponsor
Ted FalkConservative
Member of Parliament

What it does

Creates a federal framework to keep cash available in Canada and bans the Bank of Canada from issuing a digital dollar.

What it does

  • Requires the Minister of Finance to review laws, regulations and policies on cash access within 90 days of the bill coming into force.
  • Requires the minister to develop and implement a framework that keeps cash available across Canada, including access to withdrawals, deposits, cash acceptance, and cash donations.
  • Requires the framework to address the long-term viability of Canada’s cash infrastructure, including sorting, storing and distributing cash.
  • Requires the minister to table a report on the framework in Parliament within 18 months, then later review its implementation, effectiveness, and social and economic impacts.
  • Repeals the Governor in Council’s power to call in coins and notes under the Currency Act and bars the Bank of Canada from issuing a digital form of the dollar.

Who it affects

  • Cash users
  • Financial institutions
  • Businesses and creditors
  • Non-profit organisations
  • Community organisations
  • Bank of Canada
  • Federal government

Background

The bill amends the Currency Act and the Bank of Canada Act. It also removes the Governor in Council’s power to call in coins and notes.

Where it is

Last activity Jun 14, 2024

House of Commons

  1. First reading

    Completed.

  2. Second reading

    Current stage. Now here

  3. Committee

    Not reached.

  4. Report stage

    Not reached.

  5. Third reading

    Not reached.

Senate

  1. First reading

    Not reached.

  2. Second reading

    Not reached.

  3. Committee

    Not reached.

  4. Third reading

    Not reached.

Royal assent

  1. Royal assent

    Not reached.

Introduced by an MP who is not a minister. These bills compete in a lottery for debate time, and most do not become law. How a bill becomes law

How the House voted

No recorded votes yet

Many stages pass without a recorded vote (by unanimous consent or a voice vote). Senate votes are not included.

What MPs said

Each party’s first speech on this bill in the House, from Hansard. Excerpts are the speaker’s opening sentences, unedited.

  • ConservativeTed Falk· June 13, 2024

    “Moved for leave to introduce Bill C-400, An Act to establish a framework for the continued access to and use of cash in Canada and to make related amendments to other Acts. It is my honour and privilege to rise today to table a bill calling for a framework on the access to and the use of cash.”
    Read the full speech on openparliament.ca

Read the source

LEGISinfo status: At second reading in the House of Commons. Bill data from LEGISinfo, votes from openparliament.ca and the House of Commons. Last updated October 13, 2026.

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