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. […]

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 […]