[News](https://www.payments.ca/insights/news-research?field_article_type=24) # The Real-Time Rail build is on track for completion in Q3 2025 May 7, 2025 Jude Pinto, Chief Delivery Officer at Payments Canada, was joined today by the Real-Time Rail (RTR) delivery partners at The Payments Canada SUMMIT to provide an update on this national infrastructure. “The system build is on track to be finished in Q3 2025, which is a huge accomplishment for the program” said Pinto. “This milestone highlights the progress we've made in developing a system built in Canada for Canada and reflects the strength of our collaborative delivery approach.” Pinto was [joined on the mainstage](https://www.thesummit.ca/agenda/session/1566268) of The Payments Canada SUMMIT by representatives from the RTR delivery partners: John Collinson of Interac, Rob Mayer of CGI, Jeff Mulholland of IBM Canada and Todd Roberts of Deloitte Canada. They discussed their collaborative approach to delivering the RTR as a unified team and [together reaffirmed that the RTR build is tracking towards completion](https://www.payments.ca/real-time-rail-quarterly-update-jude-pinto-2025-q2) in Q3 of this year, as planned. Once the RTR is built, the testing phase is set to occur through 2025 and 2026, paving the way for a robust and reliable system that meets the needs of Canadians. The RTR will be launched once the testing phase has been successfully completed. Real-time payments and the RTR proved to be topics of interest at The 2025 SUMMIT, with several panelists and speakers addressing the strong progress of the build and the transformation the system will bring to the payment ecosystem. [The SUMMIT](https://www.payments.ca/connect/annual-conference), hosted by Payments Canada, is Canada’s annual premier payment event. For over 20 years, The SUMMIT has been the place to engage with exciting ideas and connect with the best leaders and innovators from across the ecosystem. The 2026 Payments Canada SUMMIT will be back at Toronto’s Automotive Building from May 5 to 7, 2026. Subscribe to [The SUMMIT newsletter](https://www.payments.ca/payment-resources/subscribe) for exclusive updates on Canada’s premier payments event. [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)