A consumer group is urgently calling on the federal government to follow other jurisdictions in the U.S and Europe and bring in legislation to stem the slide toward a cashless society.

Only 10 per cent of transactions in Canada today are done using cash, according to Carlos Castiblanco, an economist with the group Option Consommateurs.

“There is a need to protect cash right now before more merchants start refusing [it],” Castiblanco recently told CBC Radio’s Ontario Today.

It’s critical to act now, he added, before retailers begin removing all the infrastructure required to store and maintain physical money.

  • AlternateRoute@lemmy.ca
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    4 months ago

    The ONLY place I have used cash in the last year at least has been having a coin for my shopping cart and the local dump only takes cash.

    I get 2-3% back on every transaction my credit card and pay it off every month for zero fees.