Cash Visibility: How the RCM Manages Canada’s Circulation Coins in Real-Time

Earlier this month, the International Association of Currency Affairs (IACA) held a webinar titled ‘Cash Visibility: How the Royal Canadian Mint Manages Canada’s Circulation Coins in Real-Time’. As the hosts of the webinar, the Royal Canadian Mint (RCM) detailed their strategies and systems for managing cash visibility for coin in Canada.

President and CEO of the RCM, Marie Lemay opened the webinar by noting that the Mint’s journey to developing the tools and expertise to effectively navigate every aspect of Canada’s coin ecosystem has spanned decades.

Continuous learning and collaboration with ecosystem partners were noted as key aids in weathering many changing realities, from the growth of digital payments to the experience of the pandemic. These partnerships have also, said Marie, strengthened the integrity, effectiveness, and reliability of Canada’s national currency supply.