In a bid to reduce barriers to switching banks, Ottawa has set a timeline to introduce open banking legislation next year. By ...

The budget update also came with a major change in oversight. Responsibility for the open banking system has now been ...

Canada’s Finance Ministry has been holding discussions with stakeholders for several years about introducing open banking, which uses secure application programming interfaces (APIs) to share ...

The Bank of Canada (BoC) will gain oversight of open banking and stablecoins if the country’s parliament approves this year’s ...

Finance Minister says budget looks to make progress on long-awaited open banking system and increase competition ...

The federal government intends to amend the Income Tax Act to ensure Canadian multinational insurers pay tax on the Canadian ...

The Canadian Government has released its budget for the year 2025. The budget mentions payments and open banking as key focus areas.

Ottawa’s budget aims to cut banking fees, simplify account transfers, and boost competition, giving Canadians more choice and ...

The Government of Canada has announced its 2025 budget, Budget 2025: Canada Strong. This content is provided by an external author without editing by Finextra. It expresses the views and opinions of ...

OTTAWA--The Bank of Canada's No. 2 official endorsed a competition shakeup in the highly concentrated financial-services industry, saying the country's banking sector is an "oligopoly" and changes ...

The Bank of Canada signaled on Wednesday an end to its cutting cycle after trimming its key overnight interest rate to 2.25%, ...

Questrade's president and CEO says the move will bring more competition to the Canadian banking landscape, which other ...