The Canadian government unveiled proposed stablecoin operational terms on October 24, allowing covered retail holders to redeem stablecoins directly from issuers without a minimum redemption amount. The new rules require issuers to complete redemptions within three business days and cap redemption fees at 1%. However, issuers may limit daily redemption amounts when reserve asset market liquidity is insufficient. These terms are accompanying regulations to Canada's Stablecoin Act (which received Royal Assent on March 26) and are expected to be implemented in the fall of 2027.