Fintechs Canada, CAMP draw up blueprint to make banking more competitive

Fintechs Canada and CAMP note that other jurisdictions, such as the United Kingdom, Australia, and the United States, better empower their regulators to promote competition in the financial sector.

CAMP, Fintechs Canada draw up blueprint for a more competitive banking sector

April 2, 2024 - To strengthen competition in Canada's financial sector, the federal government must implement consumer-driven banking and then think bigger, according to a report by Fintechs Canada and the Canadian Anti-Monopoly Project (CAMP).

The Canadian Anti-Monopoly Project is a think tank dedicated to addressing the issue of monopoly power in Canada. CAMP produces research and advocates for policy proposals to make Canada’s economy more fair, free, and democratic.

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