The Evolution and Future of Money in Canada provides readers a better understanding of the evolving monetary regime in Canada from its early inception to the current emerging digital age.
Distinguished legal professor and lawyer Benjamin Geva builds on his expertise in the financial sector to provide a timely study of the Canadian economy. He looks at digital assets such as value-referenced crypto-assets as a potential source of private money, the impact of digital assets on payment systems, and the role of government and central banks in shaping monetary regulations in response to the emergence of digital assets. The Evolution and Future of Money in Canada endeavours to examine Canada's history and extrapolate insights into our collective future. The book is designed to inform policy development and analysis related to the ongoing financial sector legislative review focused on the digitalization of money.
Geva builds on voluminous literature – from Canada and elsewhere – and yet fills a gap in existing research by integrating a legal perspective into a broad policy analysis addressing institutional and technological evolution. Ultimately, this book aims to play an essential role in guiding our future financial policies and legal principles, doctrines, and rules.