On Sept 22, 2026, Canada’s Big Six banks issued a joint statement saying they are exploring Canadian-dollar digital money, starting with tokenized...

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DisobeyTyranny

Based Member
On September 22, 2026, Canada’s Big Six banks issued a joint statement saying they are exploring Canadian-dollar digital money, starting with tokenized deposits. The banks are Bank of Montreal (BMO), CIBC, National Bank of Canada, RBC, Scotiabank, and TD. National Bank’s press release says the project “seeks to deliver faster, more efficient and programmable payments to Canadian customers” and that the first phase “aims to move tokenized deposits efficiently across Canadian financial institutions,” with a longer-term goal of connecting to other digital-asset initiatives. Other deposit-taking institutions may join later.Coverage from Bloomberg, CoinDesk, American Banker, The Globe and Mail, and others matches that account.Important limits:
  • The banks said they are “jointly exploring” development, not that tokens are built, live, or available to customers. No commercial rollout or timeline was given.
  • These are tokenized deposits: digital representations of ordinary bank deposits on a shared ledger, still liabilities of the issuing bank. Canada’s regulator, OSFI, said on September 10, 2026, that tokenized deposits are not legally distinct from traditional deposits. They are not a central-bank digital currency or a private stablecoin.
  • The first phase targets efficient movement between institutions, not necessarily instant consumer transfers between personal accounts. Instant or near-instant, around-the-clock settlement is the stated aim of the technology, not a current service.
So the core claim matches the banks’ announcement, including the phrase “programmable payments.”


View: https://x.com/glennbeck/status/2105767208089719112
 
Upvote 6
Not sure how Glen Beck's situation would come to light. How would the government know you're paying a contractor for contract work that needs an inspection? Only you, the payer, would know and you'd be the one to stipulate those terms. This additional feature would be beneficial to big businesses to better automate their payments and reduce administration costs.

The real worry is the long-term play of eliminating paper money altogether and banning crypto-coins outside of the one's the banks use. That's likely on the horizon but was put a little on the back burner I think. Then, governments will be given full access to your payment information and it's only a matter of time before they use that against you. This was all known years ago back in the "you'll own nothing and be happy" days of people uncovering the judeo-globalists' plans for the world.
 
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