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Federal government says it will move open banking forward at ‘earliest opportunity’

  • The federal government plans to introduce legislation for open banking at its 'earliest opportunity.'
  • The Liberal government aims for open banking implementation by early 2026, as mentioned in the 2024 fall economic statement.
  • Shereen Benzvy Miller, the Commissioner of the Financial Consumer Agency of Canada, stated they are working with Finance Canada on common rules for open banking.
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28 Articles

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CTV NewsCTV News
+4 Reposted by 4 other sources
Center

Legislation to implement open banking moving forward at ‘earliest opportunity’

The federal government says it will introduce legislation to implement open banking at its “earliest opportunity” as some advocates warn the project’s momentum may have stalled.

·Canada
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Winnipeg Free PressWinnipeg Free Press
+11 Reposted by 11 other sources
Center

Federal government says it will move open banking forward at 'earliest opportunity'

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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OTTAWA—The federal government states that it will introduce a bill to implement an open banking system "as soon as possible", while some advocates of the project warn that its momentum could be slowed. The open banking system, or "banking services for people," as Ottawa calls it, aims to allow Canadians and businesses to safely share their financial data with third parties other than their banks. The open banking system could allow Canadians wit…

·Richelieu, Canada
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The AI Journal broke the news in on Monday, June 16, 2025.
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