Ontario should advocate for the expansion of open banking to all investment accounts and for stablecoin regulations, says Fintechs Canada

In its submission to the Ontario government’s 2025 Budget consultations, Fintechs Canada calls on the Ontario government to advocate for the extension of open banking requirements to all investment accounts and securities registrants and work with the federal government to develop a coordinated regulatory framework for fiat-backed stablecoins.
Fintechs Canada responds to the 2024 federal fall economic statement

Following the release of the 2024 fall economic statement, Fintechs Canada today expressed concern that the federal government’s continued focus on high-visibility announcements has not yet been matched with measurable follow-up action that benefits Canadian consumers and small businesses. “This government’s approach to making banks work better for Canadians is mostly talk and little action. […]
Regulate fiat-backed stablecoins like payment services, says Fintechs Canada

Fintechs Canada responds to the government’s consultation on potential approaches for regulating stablecoin arrangements in Canada.
Fintechs Canada responds to the government’s proposals to strengthen Canada’s financial sector

Fintechs Canada responded to the government’s proposals to strengthen Canada’s financial sector. The proposals outline initiatives under five key themes, including supporting a competitive market structure, enhancing consumer protections, modernizing the financial sector framework, adapting to geopolitical risks, and upholding world-class regulation. In their response, Fintechs Canada focuses on addressing questions related to supporting a […]
Fintechs Canada Responds to Right to Repair Consultation

Fintechs Canada responded to the government’s consultation on right to repair for home appliances and consumer electronics, which aims to give consumers more choices and information about repairing the products they buy. In its submission, Fintechs Canada warns that a broad application of a right to repair framework could unintentionally “include payment devices and technologies […]
Fintechs Canada Responds to Government’s Proposed Changes on the Criminal Interest Rate

Fintechs Canada responded to the government’s legislative proposals relating to the criminal interest rate under the Criminal Code.
Fintechs Canada responds to amendments to Canada’s AML/ATF Regime

Fintechs Canada responded to the government’s proposed amendments to Canada’s Anti-Money Laundering and Anti-Terrorist Financing (AML/ATF) Regime.
Fintechs Canada Comments on Bill C-65’s Prohibition of Prepaid Cards for Political Donations

Today Fintechs Canada sent a letter to Dominic LeBlanc, the Minister of Public Safety, Democratic Institutions, and Intergovernmental Relations, expressing concerns over Bill C-65 and its application to prepaid products in Canada.
Fintechs Canada submits 2025 pre-budget submission to federal government

Fintechs Canada is asking the government to complete its payment modernization efforts by continuing to support the launch of Canada’s first real-time payment system as well as provide the FCAC with additional funding for educational purposes.
Fintechs Canada Welcomes Industry Leaders to Board of Directors, Signals Renewed Focus Ahead of Election Year

Fintechs Canada announced the appointment of seven industry leaders to its Board of Directors. The new board members bring a wealth of experience and expertise from across the fintech sector, positioning Fintechs Canada for continued success and innovation.