A 2023 snapshot of Canada’s global position on digital identity and concerns citizens’ have about their privacy and data security.
In order to drive economic growth and innovation across Canada, digital identity must be rooted in security, trust, and convenience so these solutions can truly benefit everyone - citizens, businesses, & government alike.
Canada's digital identity revolution: a $15 billion dollar opportunity1.
Technology is changing the way we live and transact. Digital identity is an opportunity to drive transformational growth for citizens, businesses, and public administrations.
Digital ID brings benefits for every citizen.
Fraud-proof digital credentials, improved access to public services, and increased trust in online transactions.
Governments around the globe are leading a digital transformation
Statistics represent the G20 countries 2
G20 countries that rank highest and lowest for digital competitiveness
Canadian privacy laws offer weaker protection than other leading countries, exposing the 32.1 million Canadians with paper-based IDs to increasing risk.3
Canadians support digital IDs.5
of Canadians believe it is important to have a secure and trusted digital identity to transact safely online.4
of Canadians believe it’s important for the government to move quickly to enable a trusted & secure digital ID.7
Canadians use a digital wallet on a smartphone.6
A digital identity map of Canada
A future driven by digital identity will mean different things to different governments due to differing interactions and demands on how it will ultimately be used. Because of this, the path towards launching a digital identity isn't linear and can take many routes. Three of the most common approaches include:
The need for all provinces to adopt digital identities is more urgent than ever
2022 saw a 40% increase in fraud from the previous year, resulting in a cost of $531 million.9
Account creation remains the highest entry point of consumer risk.10
The economic benefits for individuals and businesses include future-proof security, efficiency and ease of access to personal and essential services.
Advancing digital identity policies in Canada
Digital ID and Authentication Council of Canada (DIACC) a non-profit that works to develop standards and guidelines for digital identity.
Voilà Verified, under DIACC, is the first and only certification program for digital identity service compliance with the Pan-Canadian Trust Framework™ (PCTF).
The Digital Ambition Program (2022) aims to establish strict standards for trusted digital identity platform.
GCKey, allows individuals to access online government services with a secure login.
Identification sits at the heart of every interaction—online and off. Having a secure system that provides a positive user experience while improving privacy is critical.
Our goal is to create a secure, private, and digital ecosystem that unlocks billion-dollar opportunities for Canadians.
To maintain Canada's global competitiveness the time is now: speak with a digital identity consultant today.
OliuTM is a blockchain-identity management solution that makes it easy for businesses to issue, manage and verify customer credentials, digitally. Built on open (W3C) standards, OliuTM leverages identity frameworks such as the Pan-Canadian Trust Framework (PCTF) and National Trust and Identity Fundamentals to make mobility and interoperability between identity systems possible.
ProofTM is a mobile wallet that puts all your digital credentials at your fingertips. Using advanced encryption, ProofTM makes it easy for you to store, manage and share your verifiable credentials all in one place.
At ATB Ventures, we believe that digital identity is the key to unlocking a secure, private and convenient digital world. We are excited to see Canada advance and participate in the globalized digital economy.
Join us in this journey.
Let's build a trusted digital economy together.
It's more important than ever for individuals to have control over their personal information and be able to trust the companies and organizations they interact with online. As citizens, we want to make sure that our personal information is protected and that our digital identities are secure. As a country, we need to ensure that our digital identity ecosystem works cohesively and enables inclusive, economic growth for all.