Teresa Scassa - Blog

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  On March 30, 2022 Alberta introduced Bill 13, the Financial Innovation Act. The Bill aims to create a regulatory sandbox for innovators in the growing financial technology (fintech) sector. This is a sector in which there is already considerable innovation and development – with more to come as Canada moves towards open banking. (Canada just appointed a new open banking lead on March 22, 2022). In addition to open banking, we are seeing a…

On March 29, I appeared before Ontario's Standing Committee on Social Policy on the topic of the government's proposed Bill 88. My statement, which builds on an earlier post about this same bill is below. Note that the Bill has since received Royal Assent. No definition (as proposed below) of electronic monitoring was added to the bill by amendment. None of the amendments proposed by the Ontario Information and Privacy Commissioner were added. Remarks by…

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