Financial Sector Legislative Review on the Digitalization of Money
Solicitation number FIN-20220497
Publication date
Closing date and time 2022/09/14 14:00 EDT
Last amendment date
Description
A safe and secure financial system is a cornerstone of our economy. However, the digitalization of money, assets, and financial services creates a number of challenges that need to be addressed. Budget 2022 announced that the Government is launching the first phase of a financial sector legislative review that will look at the stability and security of the digitalization of money, including cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs).
Key objectives of the review with respect to the digitalization of money include:
- Mitigating risks to the security of the financial system posed by digital assets.
- Maintaining Canadian sovereignty over Canada’s financial sector and economy.
- Ensuring market confidence by maintaining alignment with the financial sector policy principles of stability, integrity, efficiency, and utility, and addressing risks related to new financial products and services.
- Ensuring consumers and investors benefit from an accessible, inclusive and effective framework, and are supported, empowered and adequately protected when dealing with products and services.
- Providing regulatory clarity to businesses and ensure a level playing field.
- Minimizing opportunities for regulatory arbitrage within Canada and with other major international jurisdictions.
Contract duration
Refer to the description above for full details.
Trade agreements
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World Trade Organization Agreement on Government Procurement (WTO GPA)
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Canada-Panama Free Trade Agreement
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Canada-Korea Free Trade Agreement (CKFTA)
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Canada-Honduras Free Trade Agreement
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Canadian Free Trade Agreement (CFTA)
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Canada-European Union Comprehensive Economic and Trade Agreement (CETA)
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Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
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Canada-Ukraine Free Trade Agreement (CUFTA)
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Canada-UK Trade Continuity Agreement (Canada-UK TCA)
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Canada-Chile Free Trade Agreement (CCFTA)
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Canada-Colombia Free Trade Agreement
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Canada-Peru Free Trade Agreement (CPFTA)
Contact information
Contracting organization
- Organization
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Department of Finance
- Address
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90 Elgin StreetOttawa, Ontario, K1A0G5Canada
- Contracting authority
- Plettenberg-Dussault, Nicholas
- Email
- procurement-approvisionnement@fin.gc.ca
- Address
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90 Elgin StreetOttawa, ON, K1A 0G5CA
Buying organization(s)
- Organization
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Department of Finance
- Address
-
90 Elgin StreetOttawa, Ontario, K1A0G5Canada
Bidding details
Full details regarding this tender opportunity are available in the documents below. Click on the document name to download the file. Contact the contracting officer if you have any questions regarding these documents.
Document title | Amendment no. | Language | Unique downloads | Date added |
---|---|---|---|---|
mod_003_ddp-fr_-fin-20220497.pdf | 003 |
French
|
1 | |
amd_003_rfp-en_-fin-20220497.pdf | 003 |
English
|
20 | |
amd_002_rfp_ddp_-_en_-fin-20220497.pdf | 002 |
English
|
23 | |
mod_002_rfp_ddp_-_fr_-fin-20220497.pdf | 002 |
French
|
2 | |
final_amd_mod_001_rfp_ddp_-_bilingual_bilingue_fin-20220497.pdf | 001 |
English
|
27 | |
final_amd_mod_001_rfp_ddp_-_bilingual_bilingue_fin-20220497.pdf | 001 |
French
|
8 | |
iiss_fr.pdf |
French
|
4 | ||
demande_dinscription_471-f.pdf |
French
|
4 | ||
ddp_-_fin-20220497_-_fr.pdf | 000 |
French
|
34 | |
rfp_-_fin-20220497_-_en.pdf | 000 |
English
|
209 | |
application_for_registration_471-e.pdf |
English
|
42 | ||
iiss_en.pdf |
English
|
42 |
Access the Getting started page for details on how to bid, and more.