Payments Canada is now accepting nominations to participate in the 2019 Stakeholder Advisory Council (SAC).
Shaping the Future of Payments in Canada
Created in 1996, our council remains a key element of our consultative and engagement process. The council is a an essential part of Payment Canada’s ability to provide high quality payments services for the benefit of Canadians by connecting, consulting and collaborating with stakeholders across the payments ecosystem.
Together, our goal is to create the necessary balance of rules and standards with efficient infrastructure to achieve optimized, low-friction value flow.
2019 nominations will be effective April 1, 2019 for a term of up to three years. The Board of Directors, in consultation with the Minister of Finance, will make appointments to the council based on criteria outlined in the bylaw.
What Stakeholder Advisory Council members can expect:
- Contribute your skills and experience to make real progress in payments to benefit all Canadians;
- Collaborate with other stakeholders in the payment ecosystem (consumers, retail, government, treasury and service providers);
- Act as an ambassador to share information and promote ideas within the payments ecosystem;
- Actively participate in meetings and working groups;
- Attend three to five meetings per year;
- Devote approximately 10 hours per quarter to fulfill your role and responsibilities in support of the activities and work efforts of the council without remuneration; and
- Act in compliance with Payments Canada’s by-laws.
Who is a Payments Canada stakeholder?
Our Stakeholder Advisory Council emcompasses the views of Payments Canada’s broad stakeholder base, including consumers, retailers, large corporates, small & medium enterprises, vendors, payment service providers, government & educational institutions, fintechs and new entrants.
For a list of our current SAC members and who they represent, please visit our Stakeholder Advisory Council page.
How to submit a nomination:
When nominating a representative, Payments Canada encourages stakeholder organizations to review the *eligibility guidelines and take into account the diversity of their membership, including regional representation, and representatives who have current responsibilities for -- or direct experience in -- payments-related matters or financial operations.
Nominations must be received by January 15, 2019.
Final nominees will be informed of the decision by mid-March