Open Banking in Canada

How to Prepare for the Legal and Technical Challenges of Open Banking Framework in Canada

November 16, 2022 10:45am

Brian Harris
Chief Executive Officer
Interior Savings

Oscar Roque
VP, Strategy, Innovation Partnerships & Emerging Solutions
Interac Corp.

Elizabeth Sale
Osler, Hoskin & Harcourt LLP

Lisa Sattler
Senior Advisor, Public Policy
Payments Canada


Edgar Barbosa

Open banking, a form of consumer-driven finance, aims to enable consumers and small businesses to share financial data with a diverse range of financial service providers through secure online channels built for a consumer-centric financial experience. During this panel, explore the landscape of the Open Banking Framework in Canada. Discussion points include:

  • Promoting consumer choice and prioritizing data privacy regulations
  • Tips for implementing a ‘hybrid, made-in-Canada’ Open Banking system
  • Addressing security vulnerabilities that can undermine full open ecosystems
  • Key recommendations from the federal Advisory Committee on Open Banking
  • Clarity on the regulatory standards governing the Open Banking API