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CanadaFeatured Canadian NewsTop Canadian NewsWorld News

Canadians Carrying More Cash, Says Bank of Canada

Jennifer Cowan
Last updated: August 16, 2025 1:44 am
Jennifer Cowan
1 month ago
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Canadians Carrying More Cash, Says Bank of Canada
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Canadians Carrying More Cash, Says Bank of Canada

Money is removed from a bank machine in a photo illustration in Montreal, on May 30, 2016. The Canadian Press/Ryan Remiorz

Canadians are opting to carry more cash in their wallets despite the growing prevalence of digital transactions, a new survey from the Bank of Canada suggests.

A recent report published by the central bank on 2024 payment methods found that Canadians kept an average of $156 in cash in their pockets, compared to $140 in 2023.

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