Consumers Council of Canada President Don Mercer was renewed for an additional two-year term as a member of the Stakeholder Advisory Council (SAC) of Payments Canada.

Payments Canada underpins the Canadian financial system by providing the nation’s clearing and settlement system. It continues to modernize Canada’s payment systems, and uses the SAC to consult and support with stakeholders. The Stakeholder Advisory Council is composed of executives broadly representative of the diverse stakeholders of Payments Canada.

In their letter to Mercer, Payments Chairman of the Board Eileen Mercier and President Tracey Black called the SAC “key to our consultative and engagement processes, and we consider its perspective, voice and support as being invaluable to our collective success.”