
In its 2015-2017 National Remittance Plan, the Government of Canada focused on increasing transparency and consumer protection for Canadian remitters; to this end, Canada has undertaken a national survey to better understand remittances providers’ needs and has been discussing with financial institutions how to improve remittance market competitiveness.
The national survey on remittances will enable Canadian policy-makers to know the size of the Canadian remittance market (including the size of the informal market) and to understand remittance consumer behaviour. The survey results are expected to help inform evidence-based policy and programming that would facilitate safer, more reliable, and lower-cost remittances from Canada leading to better outcomes in developing countries.
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