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Friday, June 20, 2025

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Big banks, challengers jockey for position as government plans open banking rollout

Conservative MP Adam Chambers says open banking will encourage more competition in the financial sector and generate more choice for consumers.

Associate Finance Minister Randy Boissonnault's mandate letter includes a commitment 'to launch a made-in-Canada model of open banking by early 2023.' The Hill Times photograph by Andrew Meade
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BY KEVIN PHILIPUPILLAI
September 16, 2022
News | BY KEVIN PHILIPUPILLAI | September 16, 2022

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  • Plus, the board approved a full carryforward for the House's budget this year, with an extra $4.9-million to be sought through the next supplementary estimates.

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