The good news is that the CFPB released its first set of rules a couple of weeks ago, which closely look at what it wants to do. Of course, the CFPB doesn't care about everything and it takes more of a laissez-faire approach on some stuff, but for the first time, it clearly outlines that it wants to create a universal data protectivity right, and it's going to be imposed on financial institutions. Once that's done and we have the same approach—and I know people at Finance Canada are talking to people from the CFPB as well—I don't think it's going to be that difficult to do trade across the border, because the big team and the base principle are quite similar.
On November 30th, 2023. See this statement in context.