POWERHOUSE DEBATE: Open Finance in Canada: Are we ready to expand beyond banking?

With the next phase of Consumer-Driven Banking now confirmed, attention is turning to what comes next. This debate tackles the question everyone is asking: is Canada ready to go further and unlock the full potential of Open Finance? Hear from leaders in lending, insurance, wealth, payments, and fintech as they weigh in on scope, timelines, and what real value beyond banking looks like.

Up for debate:

• What does Open Finance actually look like beyond banking?
• Are data standards and governance mature enough to scale beyond banking?
• Who benefits most from expansion - consumers, platforms, or incumbents?
• How could Open Finance evolve into a broader Open Data future?