The Bank of Canada recently said at a big payments conference that they were disappointed with all of these delays. I don't know why exactly they said this, but they added that we should not worry and that this was going to happen. If I had to speculate as to why they said that, I would speculate that they were responding to a lot of the backroom chatter about how the system might not even launch. It's been almost 10 years and we still don't have a launch date. Is this thing going to die?
On May 31st, 2024. See this statement in context.