Canadian 2025 Budget

Open Banking · Paul Brandner

Canada Accelerates to Full Consumer-Driven Banking. A response to the 2025 Canadian Budget.

Canada's financial services are set for a major transformation. Budget 2025 has laid out the most concrete details yet, committing to a complete and accelerated rollout of Consumer-Driven Banking (CDB)—a term for Canada's Open Banking.

November 5, 2025