Canada's open banking law just turned on. Nobody will say when the APIs do.

Okay so on March 26 this year, Bill C-15 got Royal Assent. Inside it was something called the Consumer-Driven Banking Act. That's the real name for what everyone has been calling open banking in Canada for like six years. The law is real now. It exists. It's on the books. Then two weeks later, the Bank of Canada, which is the regulator picked to actually run the thing, basically said: yeah we are not committing to a launch date. The head of payments there called a 2026 launch "premature and ill-