Canadian Conservative front-runner would ban a central bank digital currency


FILE PHOTO: Conservative Party leadership candidate Pierre Poilievre speaks to journalists on Parliament Hill in Ottawa, Ontario, Canada February 16, 2022. REUTERS/Blair Gable/File Photo

OTTAWA (Reuters) - The front-runner to become the next leader of Canada's opposition Conservatives said on Thursday he would ban the Bank of Canada from issuing a central bank digital currency if he became prime minister.

Pierre Poilievre, who is campaigning on a vow to make Canada the blockchain capital of the world, also said he would ensure the central bank faces regular scrutiny of its balance sheet, including an audit of its COVID pandemic bond-buying program.

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