Eighty percent of respondents also said regulations should be put in place to require merchants to accept cash as a form of payment.
An overwhelming majority of Canadians have told the Bank of Canada in consultations they would not use an eventual central bank digital currency (CBDC).
The Bank of Canada (BoC) released the results of extensive consultations on the matter on Nov. 29.
In its public consultation survey with 89,423 participants, 85 percent of respondents said they would not use a digital Canadian dollar. Another 12 percent said they would “potentially” use it, whereas 3 percent said they didn’t know.

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