[News](https://www.payments.ca/insights/news-research?field_article_type=24) # Payments Canada strengthens the resilience of Lynx, Canada's high-value payment system with additional data centre October 16, 2023 Today, Payments Canada announced the successful implementation of an additional data centre to further strengthen the overall resilience of [Lynx](https://www.payments.ca/systems-services/payment-systems/high-value-payment-system-lynx), Canada’s high-value payment system. Lynx is an electronic wire system used by participating financial institutions to safely send wire payments on behalf of their customers in Canadian dollars. Designated by the Bank of Canada as a systemically important payment system under the *Payment Clearing and Settlement Act*, Lynx is critical to Canada’s economy. In 2022, the system cleared and settled a daily average of 50,000 transactions worth over $440 billion every business day. “The safety and soundness of Canada's payment systems is our top priority,” said Shawn Van Raay, Chief Information Officer at Payments Canada. “This work, completed in partnership with our Lynx participants, the Bank of Canada and our technology partners IBM and Nexi, provides a supplementary layer of resilience to support the continuity of our operations in a safe and secure manner.” The legal framework (which includes the rules and by-law) are important to ensure the smooth operation of Canada’s payment systems. Amendments to [Lynx Rule 12](/sites/default/files/rule_12_emergencies.pdf) and [TSP-002](/sites/default/files/tsp-002_lynx_emergency_procedures.pdf), which take effect today, have been made to provide further information to participants about the appropriate contingency plans and procedures in the event of a disruption. Visit Payments Canada’s [Rules & documentation](https://www.payments.ca/systems-services/rules-documentation) page for more information on active rules that govern Canada’s payment systems. [Return to newsroom](https://www.payments.ca/insights/news-research) ## Keep reading [ ![placeholder.png](/sites/default/files/styles/article/public/placeholder.png?h=5dafd208&itok=qKDbzxAp) News October 1, 2026 ### Payments Canada welcomes six new members as expanded membership... Twenty-two new members have joined since 2025 regulatory changes — a necessary step for those seeking access to critical national payment infrastructure, including the forthcoming Real-Time Rail... ](https://www.payments.ca/payments-canada-welcomes-six-new-members-expanded-membership-eligibility-reaches-one-year-milestone)[Learn more](https://www.payments.ca/payments-canada-welcomes-six-new-members-expanded-membership-eligibility-reaches-one-year-milestone) [ ![placeholder.png](/sites/default/files/styles/article/public/placeholder.png?h=5dafd208&itok=qKDbzxAp) News September 25, 2026 ### Payments Canada names Stephan Orzechowski as Vice President... Payments Canada is pleased to announce the appointment of Stephan Orzechowski as Vice President, Strategic Partnerships and Business Transformation. Stephan will lead strategic vendor partnerships... ](https://www.payments.ca/payments-canada-names-stephan-orzechowski-vice-president-strategic-partnerships-and-business)[Learn more](https://www.payments.ca/payments-canada-names-stephan-orzechowski-vice-president-strategic-partnerships-and-business) [ ![placeholder.png](/sites/default/files/styles/article/public/placeholder.png?h=5dafd208&itok=qKDbzxAp) News July 27, 2026 ### ACSS rule changes enhance payment system processes Updates provide expanded definitions and process efficiency Payments Canada has implemented a series of administrative and operational amendments to the Automated Clearing Settlement System (ACSS)... ](https://www.payments.ca/acss-rule-changes-enhance-payment-system-processes)[Learn more](https://www.payments.ca/acss-rule-changes-enhance-payment-system-processes)