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Canada's Competition Bureau advocates for an open banking framework to enhance competition in the financial sector.
Canada's Competition Bureau urges the adoption of an open banking framework to ease barriers to switching institutions and boost competition within the financial sector.
The open banking system would enable consumers to share their banking data with other firms, boosting competition and encouraging innovation.
The federal government is set to introduce open banking framework legislation in the upcoming budget.
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La Oficina de Competencia de Canadá aboga por un marco bancario abierto para mejorar la competencia en el sector financiero.