Canada: Budget Implementation Act establishing framework to share financial data was passed by House of Commons
Description
Budget Implementation Act establishing framework to share financial data was passed by House of Commons
On 26 February 2026, the House of Commons passed Bill C-15, the Budget Implementation Act. Division 9 of Part 5 would enact the Consumer-Driven Banking Act. The Act would apply to federally regulated banks, accredited federal and provincial financia…
Scope
Policy Area
Design and testing standards
Policy Instrument
Interoperability requirement
Regulated Economic Activity
other service provider
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2025-11-04
under deliberation
2025-11-18
under deliberation