
The Evolution and Future of Money in Canada
Implications for the Digital Age, Legal and Regulatory Perspective
Benjamin Geva(Author)
University of Toronto Press
Published on 28. October 2025
Book
Paperback/Softback
280 pages
978-1-4875-6930-3 (ISBN)
Description
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.
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.
More details
Language
English
Place of publication
Toronto
Canada
Target group
College/higher education
Professional and scholarly
Product notice
Paperback (trade)
Dimensions
Height: 230 mm
Width: 153 mm
Thickness: 21 mm
Weight
506 gr
ISBN-13
978-1-4875-6930-3 (9781487569303)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Person
Benjamin Geva is a professor of law at Osgoode Hall Law School of York University and has advised on key financial sector legislation for the IMF, World Bank, and the ADB.
Content
Synopsis
1. From Barter to Digital: The Evolution of Money
2. Money in Canada: Concise Legal History
3. Paper Money: Currency and Bank Notes
4. Digitalization of Private Money: Stablecoins as Virtual Currencies
5. Retail and Wholesale CBDC: Legal and Regulatory Framework for Implementation in Canada
6. Is the Digital Coin an "e-Banknote"?
7. Non-State Community Currencies
8. Envisioning a "Hub-and-Interconnected Spokes" Monetary System: Will the Wolf Live with the Lamb?
Index
About the Author
1. From Barter to Digital: The Evolution of Money
2. Money in Canada: Concise Legal History
3. Paper Money: Currency and Bank Notes
4. Digitalization of Private Money: Stablecoins as Virtual Currencies
5. Retail and Wholesale CBDC: Legal and Regulatory Framework for Implementation in Canada
6. Is the Digital Coin an "e-Banknote"?
7. Non-State Community Currencies
8. Envisioning a "Hub-and-Interconnected Spokes" Monetary System: Will the Wolf Live with the Lamb?
Index
About the Author