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.
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