Can Canada ever go cashless?
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- Опубликовано: 28 окт 2022
- When you’re purchasing an item, what method of payment do you use? If cash wasn’t your first answer, you’re not alone. In fact, Canada is one of the leading countries in the world going cashless -- opting for mobile and digital payments because of the speed, ease and convenience.
Experts worry digital transactions don't benefit everyone, including the most vulnerable; and cash is still king for some businesses - and for those concerned about security.
For The New Reality, Anne Gaviola looks the potential costs of switching to a cashless world.
For more info, please go to globalnews.ca/news/9233528/ca...
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It will be a huge mistake to go cashless.
depends on if you ask the rulers or the ruled
CASH is KING! hopefully for many years to come
I agree 💯
Can Canada guarantee we don't have outages like Rogers recently.
CASH IS KING 👑
Lol you are far too gone. Brainwashed 😂😂😂
@@anthonybr22 my feelings are hurt please explain how I'm I brainwashed this should be funny.
Untraceable and cannot be frozen, as it should be
AGREED
For hookers and Chinese food
The last thing we need is the federal government auditing everything we do. They don't let us audit everything they do, Including who booked a $6000 a night hotel.
🎯🎯
Can Canada ever go price free on foods? if all foods are free, it would be cashless to us. problem solved
YESSS...... lets go cashless and let the government/bank/company track everything you buy
exactly, so they can tax yard sales and online personal second hand purchases. Just one issue other than the power outages, down credit/debit machines due to lightening (a store in our area just had this happen - down for days), etc
Sounds pretty arrogant to think that the government cares about what your fetishes are.
I wouldn't mind a guy getting bored to death watching me buy food and basic things lol
@@ProAvgeek6328 Except the government will tax all transactions.
@@rapsidie4073 I still would rather use a card
Sure cash reduces ones cyber vulnerability.
More importantly it protects ones ability to utilize their own cash should a government freeze your account if they don't approve of your use of your cash.
But that would never happen in Canada would it...?
God I hope not freedom is a lie
It's almost as if the government is trying to make everybody their property they've been lying to our faces the entire time or pay to live anywhere
Not accepting cash is unconstitutional
When storms , like hurricane Fiona , knock the power out for weeks - gas stations and grocery stores that are able to open up on generator power take ONLY CASH . No cell service , no credit cards , no debit cards , no internet ... the maritime provinces just went through it.
Could and should be fixed by now but isn't because they want people off of island and move inyo big cities. Eventually big dome cities where they can even control the air.
Yep you are correct but not only that look at china and those people losing all their savings and then being arrested for demanding it ,wow ! push of a button and you are deleted , sad!
Cash is better to have when banks in the USA are failing and who knows if that will happen in Canada.
Will the generator has to turn on the cashier where point to pay is i could just imagine going to the grocery store when the water reaches all the way to your waist and shopping when most of the items are damaged 😂 your point doesn’t make no sense at all
@@Wileyg4lify I was not making a point , I was stating a fact . This is what happened and it lasted for WEEKS . All of Nova Scotia lived through it .
The real question is can Canada have "real" media?
Once every few years here in B.C the bank, ATM machines, and even internet will shut down. When this happens a lot of people start to go crazy or think it's the end of the world but us with cash money just go about our life as usual. It's going to happen again. Cash money is needed, even if they want to get rid of it and try to control and trace every single thing we do, it won't work.
Who is the "THEY" that wants to get rid of it??? You're another paranoid conspiracy freak who troll these kinds of videos to spew your nonsense. It's CANADIANS choosing to use cashless out of convenience. NO ONE forces anyone to use credit or debit or Google Pay. I guess you hate the freedom of choice when you don't agree. And I live in BC and it doesn't happen "every few years". A liar to.
@@bradcanning875 I'll be laughing in the end.
I completely agree!
We can, we just don’t want to
The government does and anyone who things the government has your best interests needs mental help
Going cashless is a lot of the reason so many people can't do simple math in their heads and make proper change without pressing in the exact amount. We as a nation are getting lazier and dumber because of conveniences like this.
Honestly, I stopped using cash because I was tired of fighting for correct change from cashiers who can't make a dollar with 4 quarters. Not everyone, but it was becoming more and more common where I'd be missing change and had to wait around, show receipts, even wait for security camera footage when I was missing $50 of my $52 odd change. And when my credit card got compromised, Visa was already investigating the charge before I could report it.
@@FionaApplewright yeah that's so frustrating.
So true. I am 52 so long time ago at 15 when I was a cashier for the first time, my mom told me to count up to make change. Person gives you a dollar for a 25 cent item, count up to the dollar. Of course I was taught to count change as a toddler, save my change in a piggy bank etc…things have changed. Don’t get me started on kids also not being able to tell the time on an analog clock. My husband and I still keep some cash on hand because a year ago when the power was out for a few days, you could not even buy a coffee with credit.
That is zee point. Eat zee bugz.
Some people think this is just paper going away. Its value and freedoms getting taken away. Also they want digi money 4 digi slaves and for digi taxes on any transaction. 100% control of your money. So it wont be yours really.
Hydro Ottawa recommends having cash as part of your emergency preparedness in case of power outages and natural disasters.
I still use cash so I hope not. One of the reasons we overspend is due to convenience. I agree with the cash only places, it saves money for them. Each transaction takes a % off plus a monthly fee on top of that so business can expect that payment. It's ridiculous since it's the Credit Card Company who makes more money in the end.
That's what I mean...It doesn't really benefit the people, other than the Government and Banks. Don't be foolish.
AGREED
@@olivergoncalves1217 it benefits those who use credit properly, and don't carry debt.
It's definitely not a benefit to those who cannot manage their own personal finances though.
Yea so u can freeze out bank accounts
No cash mean the government can take you life away in an instant like during the truckers convoy. So no
Hah! Nope. Cash means I have money on hand. With CC companies now charging extra for all purchases, I’m using cash more often than ever.
Unless you drop your wallet or get robbed or the bank is closed. Of course you'll try to say you keep it buried in the back yard. Bet you said you'll never use a cellphone or computer either but here you are.
No, People like to be able to control their money and were they spend it.
a ton of people use cash still because we can not afford the transaction fees & interest
i always use cash.. if you let them take cash away you will lose all control over your money and how you spend it
If the power goes out. You're wish you had cash
just keep cash as backup lol, using cash as primary form of payment is dumb and inconvienient
Cash must always stay!
Businesses have the duty to accommodate people with disability and some of them have to use cash because of their disability.
We should all be using cash more. Believe we would all be financially more aware of our bills and habits. Also moving towards a cashless errs will be a problem considering the governments are brining in social credit scoring on top of the fico system. If the central bank does implement an electronic funds system this will cause many issues for lots of people further down the line depending on their social credit score ect. Cash is king and allows people better options for many censorious than electronic funds.
wasn't there something in the bible about cashless society and leaving sound doctrain?
Revelation 13:16-18
King James Version
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.
2 Timothy 4:3
King James Version
3 For the time will come when they will not endure sound doctrine; but after their own lusts shall they heap to themselves teachers, having itching ears;
Cashless would mean having to keep paying high account fees to get multiple or unlimited transactions to banks.
Using credit cards for everything can very easily get anyone into a debt trap.
Paying with cash triggers pain-processing areas of the brain, which is important to control ourselves from overspending, specially to younger people!
Can Canada ever go price free on foods? if all foods are free, it would be cashless to us. problem solved
Here we go... cbdc's are coming and the general population will just sit there and accept such idiocy 🤦♂️
All this does is enable big brother to watch even more, and then come up with new taxes to apply till I'm paying more taxes than income.
Perhaps some mental health counselling to address your paranoid delusions would help. Business track purchasing to try and market accordingly. You're really not that important that anyone cares. I bet you don't complain about all the things you get from taxes like sewer and water and roads and hospitals and security and an education you seem to have wasted. But then you couldn't play the victim of "big brother" if you did.
@@bradcanning875 I have a problem with mismanagement of tax dollars. 40% income tax, and this Government still can't get it right by putting the burden on future generations.
But if you are so happy paying taxes, perhaps you should pay more and others pay less.
Name me one instance when a temporary tax went away or down. Income tax? Nope. GST? Nope. You are just an ignorant communist.
@@sp1pilot This government??? Nothing about this minority government is different except they give back to tax payers with social programs and infrastructure instead of just tax cuts for the rich at slashing all our part like EVERY Conservative government. At least Trudeau didn't promise to scrap the GST like Harper and instead slash corporate tax. Your political views are based entirely on who won the election.
@@bradcanning875 Miniority? The Liberal/NDP majority is not what the people voted for. Give your head a shake, unless it's not your fault you were born with a touch of the downs.
If you don’t accept cash I’ll never deal with you
I disagree with the model of thinking that says Canada could/would go cashless. Although there is a segment of society that totally trusts cashless, there is a far greater part of society that doesn't. Cash is here to stay and in a significant way.
Finally a comment of reality and recognition. I agree. It's a convenience like a cellphone or laptop. I mostly find people prefer e-transfer even for Craigslist and Marketplace purchasing. The part left out of the story is carrying cash can get you targeted for violent crime much easier too. Cash will always be here unless we actually make it to the days of Star Trek for lack of a better example.
I'm one of those people in society here in this country that is pro cash.
@@johnboko7110 me too. I was POd when they got rid of our penny.
@@johnboko7110 Me too!
Cash must always be an option for those who don't mind inconvenience and want to preserve their privacy and freedom.
Be very careful with this friends. Spending on cards and without a budget is bad news for many people. Its been clearly shown that most of us tend to live over our heads when using credit cards and other payment instruments. You always end up paying all the fees, all the surcharges, all the interest.....This only benefits the Government and Banks!
Credit is a tool in the right hands. I pay fees on the card I use because they provide perks and insurance and I use the perks regularly. Credit allows me to control WHEN I spend the money. If there is a cost, then I just compare it to the cost of missing out. I don't have a budget. I have automatic withdrawals (savings or investments or bills) and I can spend what is left over, if I want.
@@Todd.T That's the key Todd -- in the RIGHT hands.
@@olivergoncalves1217 For sure. People unfortunately don't want to be educated on finances and limit themselves. That is fine, so long as you accept the responsibility and don't blame the system or others.
@@Todd.T its all "usury". That's my problem with it! Interest rates are high on these cards too, so you just end up paying higher fees and interest rates for those who go into default. We don't make enough money to use these "payment instruments", so buyer beware. That's just my 2 cents.
How does it benefit the government. This "evil government" mindset people like you have is a mental heath issue you should get treatment for. Banks are a business and that's what businesses do, make money for profit.
Please God no. That would be so incredibly stupid.
Written 2,000 years ago.....
Revelation 13:16-18
King James Version
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.
Yep looks like a warning to me , cheers!
The government might, but Canadians will adopt cryptocurrencies before they accept CBDCs
I hope Canadians don't fall for the CBDC's scam....I don't want my money to expire nor it be seized because of something I say that might not be Liberal or woke....like Paypal fining people $2500 no warning just take it because you didn't maybe agree with what they wanted your opinion to be.
I use cash most of the time.
I used to hear how cash was worthless and people were keeping gold for when it all "falls apart". Now I hear how they are keeping cash for that falls apart day because they sold the gold for cash when they saw they could triple their money. We can be a strange bunch sometimes.
I still use cash cause I work and get tips in restaurants than spend on my car gas and food by using cash cause my debit card I go atm and sometimes I travel Asia they still use cash
No I do not want a digital ID or digital currency. No thanks.
I just learned that most Canadians might very well be brain dead. "I spend my life working for a company to have magical numbers in a magical location with nothing tangible to my name, especially with this market, and call that progress."
Digital books, digital videos, pictures on a cloud, digital music, I sell my car to live in a big city surrounded by smog and crime, and no tangible form of bartering currency in my possession. I will own nothing and be happy.
Kudos to the Swan Dive.
Yup. We are all brain dead and you are of the elite who see the light. Are you really that desperate to lift yourself. Come on be honest. It's just not worth while when your entire welfare cheque is gone on dope in one day.
Perhaps it’s also crazy believing that magical paper (or plastic now) has any worth. A five dollar plastic note had no more value that a 100. We have banking monopoly in this county, if the banks collapse your magic paper will have no value either.
@@xeero24 This country is no different than any other. Nor is currency. Once upon a time salt was. Then gold. If it all crashes it will be bullets, gas, and beans and rice that will be worth more than gold. Your stuck in a bubble if brainwashed thinking.
Just great. A new method to pay than eliminates jobs (cashiers), allows those in charge to track a consumers movements and spending habits and leaves everyone helpless when the power goes out. Technology. Here to make all of our lives better. Just ask Chinese citizen.
Cash is king, boycott stores that don't accept it. Gornment and big business want your data.
It's way too late for that
Yea that definitely wont be abused. If you cant touch it or withdraw it at will, you dont have any money.
Cash only lol. You know, I gotta pay my taxes so, so do you. This is about not paying taxes and I’m sure you price your menu so people tip more to avoid change. I came across a place like this once and they directed me to their atm - nope I refused. I left, went to my bank across the street and came back, I’m sure they were worried about me not coming back, but why the hell should I use an insecure 3rd party bank machine.
Boycott all businesses that dont take cash
Cash is better it helps you spend less when it's debt you don't think of the cash you waste
Can't buy cocaine with a debit card, let me know when that happens and then maybe.
Does E-transfer from debit account count?
@@ColeMartin13 no serious coke dealer is moving any real weight using e-transfer lol, maybe the highschool plug but that's about it
@@joshturnt3781 can get just about anything you want nowadays through crypto or E-transfer/card payments. One of the benefits to living in a connected digital world.
@@ColeMartin13 xmr on a dnm sure, etransfer dealing is for the morons out there tryna get busted
That cash only bar is stupid. They are making it convenient and more expensive for their customers. Sure go to the back of the bar and get cash with a 7% fee. I'm pro cash but being cash only is lame
Dreamer! I am switching from cc to cash. My chirp is no longer accepting cc.
If there is a power outage or problem with rogers or service providers then you'll wish you had cash
A solar flare will be a disaster and create chaos and violence if this is done Good Luck !!
….I use both methods to pay goods ‘n services especially the inconvenience situation I’d encountered in Summer July 2022.
Cash = freedom . I live on an island we have windstorm the power often goes out and what I've noticed is people without cash are totally screwed.
If we go cashless the only way to do so will be to fallow Sweden’s playbook which they will then add a Negative interest rate which was discussed in the House of Commons and BoC. This would then Promote spending and make it more expensive for you to sit on money. But your assets would end up paying themselves off so your home you bought at 500K with a negative interest rate you would end up paying less in the end.
This still won’t solve our housing and poverty crisis they would likely also have to implement the UBI which the bill was passed already now if it’s implemented that’s different:
That's the World Economic Forums plan , already signed on by Canadian banks. Central Bank digital currency tied to a socal credit score. They will tell you what you can and cannot purchase or delete your funds completely.
What you can or can not support, etc. Oh you support the right? Well we are blocking you from using our currency because your anti-semetic.
"Oh no, the Illuminati is out to get me!"
Lol. Are you even out of high school yet?
@@zepher664 unfortunately if you've taken the clot shot they've already got you .
Okay. Are you aware mental health services are available for your paranoid delusions? No one is forced to use them. They are a convenience like cellphones or toilet paper.
@@bradcanning875 keep watching the television you're doing great 👍
Rogers is down!
Absolutely not!
Give the devil a ride and soon he'l be driving.
a BIG NO THANK YOU
And track you.
on another note...most business are switching to cash cause of the fees...If the customers were to pay those fee..everyone would switch back to cash.
One of the reasons of grocery shopping is interaction with people. Least that is what I enjoy about shopping. It could be a very good experience or very bad experience. Are people wanting a life of solitary confinement lifestyle?
Cashless is not sustainable on many levels,using cash is cheaper overall too. Im very frugal personally.
Going cashless is one of the last chapters in the course "How to enslave the world 101"
Even a lot the informal economy is using e-transfers these days. Gonna be a hard shift for the holdouts in the coming years as fewer and fewer want to deal with it. Hopefully they can adjust to their new budget realities 🤷♂️
It's the same with every technological advancement and convenience. The holdouts on cellphones now can't cross the street without texting on one. One issue not mentioned is the security of not having cash to be stolen or lost. If I drop a wallet full of cash the bank isn't protecting me but if my credit card is covered in that situation.
@@bradcanning875 for sure. I’ve been cashless since my first debit card for the very reason that I lose cash 😅
No
How much cheaper are products in the store. No employees which all companies have told us are a big part of costs for goods and services.
no thanks..
Amazing how everyone keeps getting in line to get screwed by digital hackers.
funny i heard cash use was on the rise....i try and use cash as much as i can
This is why the new generations will never have any money and work until they die!
No electricity no purchase of food and other goods.
It would be a huge mistake for Canadians to except a cashless society, it would never be in our best interest, only theirs(The Government, Banks Etc.)…
Every time we use our cards, we could get frauded because of skimmers and other gadgets that grab our data. Using cash means you have less to worry about. I put a certain amount in an envelopepe once a week for groceries, Dollarama, and extras and I can figure out why I'm out before it's time, which helps to budget. YOu can see how much cash you have left in your envelope and you just spend less because you know it needs to last longer.
Believe, don't believe. Cashless will bring about social credit scores. Canada is also developing a carbon tracking app. I believe this will also get linked to our financial transactions. Look to pay pal !
Deleted mine ,control of your own money , they can stick it I say !
Cash is KING. Credit Cards = DEBTS
3%
Now how are people that provide a service, that only take cash going to like this new approach.
The pimp is going to have to get a data connection and card swiper in his Cadillac...
@@Todd.T lol, that works
How about hairdresser, servers and their tips, or you pay in cash and don't have to pay tax... Then there is if you pay in cash pay the taxes, does anyone believe those places pay their taxes on all the cash then bring in? I am going to say that's a big no.
@@campfiregirl6849 That's the whole goal is to eliminate tax loopholes. Then they'll spend all your money and bump the taxes up (higher).
You'll have to go all medieval and trade some eggs and bread for a small blanket woven by the hearth.
@@Todd.T how is this government going laundry all the money that gets wash through cash; as like through casinos ...🤔
I sure hope not
Let's not make the mistake and take away the cash option. It takes one outage for the whole country to come to a screeching halt.
Physical is better than Digital
Cancel money
Block bank account anytime
Prefect future for some to control others
You honked at a trucker. You're bank account is frozen. Nuff said.
Cash only ...! ( bravo. )
Use your credit card for a $3.00 purchase and connect it to a 25% intrest charge.
The question is not CAN it is SHOULD.
NO. Nor should it or any country.
Yes its called the carbon tax and out of control inflation. I'm cashless all the time now.
cash and crypto..government has no control and no fees. Debit is ok if you create an account that you load a limit on and dont spend beyond your needs.
Some chinese businesses in Canada will hate this. They have stores and fast food places that only accept cash so they can avoid paying some taxes.
Rather have more businesses that avoid paying taxes than having to live in a countryy where your bank accounts can be frozen by authorities and having no alternative which they dont control
cash is for the poor
debit/credit is for middle and upper
Hence why they are going to tax you for using your credit cards instead of cash now. 'Haha got you to avoid using cash, now suffer the tax from our "convenience" fee'
Cashless society is total control , imagine government mandates something and try not to obey order
The cash only places find it easier to evade Taxes, they will come "on-line" soon enough.
No chance
Unmanned stores….Slowly, but steadily eliminating Canadian jobs.
What a great idea lol goldfish don't think 🤔
Very soon the plan is to shut down atm's the banks are going bust a huge run on the banks. Already starting in the US. Keep some cash set aside now.
And you can declare less. Dodgy.
My cashless Canada is that I collect Ontario disability benefits and by the time I got paid I don't have money left over for special things how about you pay the disability people more money so we can have an outting once in a while instead of being dragged down behind the media
Give it another year under Trudeau and we will all be cashless and broke.
The lady is right people don’t have cash, go credit. That’s what is really going on.
If you owe them, they own you.
People who don't have cash are FORCED to use CC's in what eventually becomes an ever-increase burden on themselves and many times, an increasing burden on society if they have to claim bankruptcy.
I bought my apartment with a suitcase of herbs. The seller was a Liberal MP.