Wire · regulatory
Open banking in Canada: Key insights into the proposed regulations
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Fusion42 · 6 August 2026 · Fusion42 review
Canada proposed the Consumer-Driven Banking Regulations to enable individuals and businesses to share financial data with accredited providers, establishing accreditation processes, security, and compliance requirements, with a public consultation open until August 26, 2026.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
Fintech founders in Canada face a newly formalised market with clear accreditation and operational rules that open access but add compliance burdens. You must start engaging with accreditation rules now to secure early market access and avoid compliance risks.
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1 source · 5 Aug 2026
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