Budget 2025: Canada's Consumer-Driven Banking Framework
Nov 6, 2025 · The Consumer-Driven Banking Act authorizes the Minister of Finance to designate a technical standards body and sets out criteria and considerations for evaluating candidates.
Consumer-Driven Banking Act
Nov 20, 2025 · See coming into force provision and notes, where applicable. Shaded provisions are not in force. Help.
Canada’s Open Banking Framework: Key Updates from Budget 2025
Nov 18, 2025 · Open banking, also known as consumer-driven banking, would enable consumers and small businesses to opt in to securely share their financial data with approved service providers, …
Canada: Stepping into the digital financial future – the Federal ...
5 days ago · Within the Budget Implementation Act, the government introduces the Consumer-Driven Banking Act (CDBA), a long-anticipated legislative framework for open banking in Canada.
CIRO to Consult on Supporting the Consumer-Driven Banking …
Consumer-driven banking, also known as open banking, allows consumers and small businesses to securely share their financial data with approved service providers through application programming …
Canada needs an open finance roadmap, not just open banking
Dec 5, 2025 · The federal budget has finally answered a long-running question: will Canada move ahead with open banking? Ottawa’s new consumer-driven banking framework, set to launch next year, is …
Consumer Driven Banking Primer - briefings.cba.ca
Consumer-driven banking, also sometimes called open banking, permits individuals to securely share their financial information with authorized third-party providers through Application Programming …
Canada’s 2026 privacy priorities: data sovereignty, open banking and AI
Dec 4, 2025 · Implementing Canada’s open banking framework Over the next 18 months, we can expect significant progress towards implementing Canada’s open banking framework. In June 2024, the …
Introduction to open banking in Canada - DLA Piper
Apr 24, 2025 · Technical standard: establishing and overseeing the technical standards for data flow between Canadians and financial tools. The policy statement further outlines the government's …
Archived - 2024 Fall Economic Statement: Canada’s Complete …
To equip Canadians with the latest innovative tools for finance and banking, the government announced the initial framework in Budget 2024 and passed the Consumer-Driven Banking Act in June 2024.