Mr. Alexander Vronces at the Industry, Science and Technology Committee

On October 21st, 2024. See this statement in context.

October 21st, 2024 / 5:15 p.m.

Executive Director, Fintechs Canada

I think the industry certainly can. One reason we endorse the Financial Consumer Agency of Canada to be the regulator of open banking is that it's largely funded on a cost-recovery basis. It does receive a small sum from the government for the purposes of education.

We just ask for more money to be allocated for the purposes of open banking education.

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