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.

    • @girlfreddy@lemmy.caOP
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      5 months ago

      Which is kind of surprising because 25 years ago it was the opposite, based on Revelation 13:16 – “Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead” …

      which many took to indicate the use of mobile phones as the only way to purchase anything.

      I guess they changed their minds. /s