> So, what Canada needs is a system implemented, enforced and managed by the government, like Brazil's Pix and India's UPI.

Payments Canada is a corporation fully owned by the government and overseen by the Department of Finance. It was formed by an Act of Parliament. Short of rolling it into the department of finance it couldn't be more of a government effort.

Also, the small partners are the launch partners. The Big 6 are part of the second phase of rollout in 2027. The projection is that 90% of all canadian bank accounts will be covered in the next year.