Financial Digest

Canada is ready for open finance and it's time the government deliver

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Steve Boms: If the government is serious about supporting consumers’ financial wellbeing and encouraging competition, it's time to prioritize the open finance file to give all Canadians the modern financial system we deserve. cdnpoli (subs)

Finance Minister Chrystia Freeland, left, tapped Abraham Tachjian as Canada’s Open Banking Lead in April 2022.

Tachjian quickly convened working groups that provided input and feedback. But almost a year later, the government is no further ahead, leaving stakeholders puzzled and frustrated, says Steve Boms.

 

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