Payments Canada published an update stating that the Real-Time Rail (RTR) system build remains on track to be finished in Q3 2025, in line with the program plan. The update, delivered at The Payments Canada SUMMIT with RTR delivery partners Interac, CGI, IBM Canada and Deloitte Canada, reiterated the collaborative delivery approach behind the build. Payments Canada said the testing phase is planned to run through 2025 and 2026, and that the RTR will launch once testing has been successfully completed.
Payments Canada 2025-05-07
Payments Canada confirms Real-Time Rail build remains on track for completion in Q3 2025
Payments Canada announced that the Real-Time Rail (RTR) system is on schedule for completion in Q3 2025, as per the program plan. The update, shared at The Payments Canada SUMMIT with partners Interac, CGI, IBM Canada, and Deloitte Canada, emphasized the collaborative approach. Testing is expected to continue through 2025 and 2026, with the RTR launching post successful testing.