What banking changes could Canadians expect in 2024?

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Added 4 months ago by XaniaNews

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Banking customers will see how RBC’s $13.5-billion takeover of HSBC Canada will shake out in the new year, a deal that was approved despite concerns from critics that it will stifle competition in an already concentrated sector. Meanwhile, the government's fall economic statement said it would introduce legislation in its 2024 budget to establish an open banking framework.

Anne Gaviola takes a look at some of the other changes expected in Canadian banking in 2024.

For more info, please go to https://globalnews.ca/news/10195005/canada-banking-changes-2024/
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Category: News and politics
Tags: global news, banking, canada banks

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