Status
DISCONTINUED
Canada
Canada Digital Canadian Dollar
According to Bank of Canada disclosures and linked sources, this profile records status, architecture, and capability fields for Canada Digital Canadian Dollar.
Program Snapshot
Current status fields and timeline data from the profile record.
Type
RETAIL
Program classification
Wallets
Not listed
Annual Volume
Not listed
Status and Timeline
| Field | Value |
|---|---|
| Announced | Not listed |
| Pilot start | Not listed |
| Launch | Not listed |
| Last verified | 2026-02-18 |
Availability
- Retail
- research
- Wholesale
- none
Central Bank
Bank of Canada
Technical Profile
| Attribute | Value |
|---|---|
| Type | Retail |
| Architecture | two-tier |
| Access model | account based |
| Technology base | unknown |
| Legal tender | none |
Capabilities
offline payments: No
programmability: No
cross border: Yes
interest bearing: No
transaction limits: Yes
Cross-Border Projects
Project Agorá
Role: participant
Recent Updates
Bank of Canada concluded after multi-year research (2019-2024) that there is no compelling case for issuing a retail CBDC at this time. The bank continues to monitor the payments landscape and explore technical possibilities, but no development or pilot is currently planned.
Updated: Feb 18, 2026
Frequently Asked Questions
Does Canada have a CBDC?
According to listed sources, Canada is developing Canada Digital Canadian Dollar, currently in discontinued phase.
What is the current status of Canada's CBDC?
Canada Digital Canadian Dollar is in discontinued phase as of 2026-02-18.
When did Canada start CBDC pilot activity?
No pilot start date is listed for this program.
How many users or wallets are reported for Canada's CBDC?
Wallet metrics are not listed in the current dataset.
Is Canada's CBDC retail, wholesale, or hybrid?
Canada Digital Canadian Dollar is categorized as retail.
Which institution manages Canada Digital Canadian Dollar?
Canada Digital Canadian Dollar is managed by Bank of Canada.
Related CBDCs
Sources
Sources
Last verified: 2026-02-18
CBDC Research - Bank of Canada
central bank
A Retail CBDC Design for Basic Payments: Feasibility Study - Staff Discussion Paper 2025-9
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Privacy-Enhancing Technologies for CBDC Solutions - Staff Discussion Paper 2025-1
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A Digital Canadian Dollar: What we heard 2020-23 and what comes next
central bank
Ecosystem Models for a Central Bank Digital Currency: Analysis Framework and Potential Models
central bank