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   <li>Bank of Canada – exploring a proof of concept model alongside Payments Canada, Canadian commercial banks and the R3 consortium.</li>
 
   <li>Bank of Canada – exploring a proof of concept model alongside Payments Canada, Canadian commercial banks and the R3 consortium.</li>
 
   <li>ISED – engagement with Government departments, provincial-territorial-municipal partners, and key industry players.</li>
 
   <li>ISED – engagement with Government departments, provincial-territorial-municipal partners, and key industry players.</li>
<ul>
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<h4>Challenges</h4>
 
<h4>Challenges</h4>

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