Canonical: https://unicorncurrencies.com/industries/ecommerce-fulfillment/canada/

# Intelligence: E-commerce & Cross-Border Retail in Canada

## Industry Context

- **Payment pressure:** High transaction volume, low individual values; Multi-marketplace multi-currency

- **Operational control:** High-volume payment processing; Multi-currency marketplace accounts

## Country Context

- **Use case:** Pay Canadian suppliers for natural resources, manufacturing, agriculture, energy equipment

- **Settlement:** T+0 (2.3s avg within Unicorn network)

- **Banking:** **Institution + Transit** (9-digit transit number and 3-digit institution number)

- **Regulatory:** Bank of Canada and FINTRAC oversight; GST/HST (5-15% depending on province) documentation

## Key Industries in Country

- Natural Resources

- Manufacturing

- Agriculture

- Energy

- Technology