Brits are raging over the news that several major high street names have stopped taking cash – but can they legally do that?
Bank notes issued by the Bank of Canada, together with coins issued by the Royal Canadian Mint, are what is known as “legal tender.” That’s a technical term meaning the Government of Canada has deemed ...
Its use as legal tender will go into law in 90 days. The measure, which was approved late Tuesday, has raised concern abot its possible effects on the country's status with the International ...