Canada: Budget Implementation Act establishing framework to share financial data was tabled in Parliament
Description
Budget Implementation Act establishing framework to share financial data was tabled in Parliament
On 4 November 2025, the Budget Implementation Act was introduced to the House of Commons. Division 9 of Part 5 repeals the Consumer-Driven Banking Act and establishes a framework for individuals and businesses to share financial data with authorised…
Scope
Policy Area
Design and testing standards
Policy Instrument
Interoperability requirement
Regulated Economic Activity
other service provider
Implementation Level
national
Government Branch
executive
Government Body
central government
Complete timeline of this policy change
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2025-11-04
under deliberation
2025-11-18
under deliberation