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Bank of Canada
The Bank of Canada is the nation's central bank. Our principal role is to promote the country’s economic and financial welfare by keeping inflation low, stable and predictable. Under the Retail Payment Activities Act (RPAA), we are also responsible for supervising both domestic and foreign payment service providers (PSPs) serving Canadian end users. PSPs must apply to register with the Bank of Canada November 1-15 to continue providing payment services in Canada.