Payments Canada announces launch of Canada’s Real-Time Rail (RTR) payment system

News Canada launches the Real-Time Rail, bringing 24/7 payment infrastructure to the national economy November 9, 2026 The new system will enable participating financial service providers to clear and settle payments in real time, providing a made-in-Canada platform for future innovation and prosperity.OTTAWA, ON, November 9, 2026 – Payments Canada today announced the launch of Canada’s Real-Time Rail (RTR). This new national payment system will transform day-to-day payments for Canadian businesses and consumers by enabling instant speed and settlement, real-time cash-flow visibility and data-rich messaging through existing banking and payment channels.The launch of Canada’s RTR marks a major milestone in modernizing the critical infrastructure that underpins Canada’s economy…