PolitiKit

Industrial carbon pricing in Canada. Industrial carbon pricing gives large industrial emitters an incentive to reduce emissions that cause climate change. Points of discussion: commitment to annual price increases, periodic review of provincial and territorial systems, oversupply of emission reduction credits, offset credits, transparency, expanded scope of the federal Benchmark, potential conflicts with the Alberta-Canada MOU.

Diversification of trade, protection of Canadian jobs and creating fair consumer options in the market place.

Environment/Natural Resources/Transportation: Focus on the development of the circular economy, taxation, growth of electric vehicles, and climate positive actions that can be taken by Canadian households.

Consumer Issues: Awareness of company's internal transformation and it's impact on customers, local area markets, and the retailing sector as a whole. Includes company commitment to innovation, sustainability & circular economy, diversity and inclusion.

The Government of Canada's digital service delivery, with respect to opportunities for innovation and collaborative partnership

Canadian Partnership Against Cancer, as it relates to continued federal funding & long term investment in health research through Canadian Institutes of Health Research.

Data as it relates to all health and cancer data policy, planning and outcomes.

Discuss policy options and industry evolution with respect to Open Banking.

Discuss policy options and industry trends in regards to the Consumer Driven Banking Act and The Stablecoin Act (C-15 Budget Implementation Act 1)

Discuss financial sector policy matters such as payments systems, e-commerce, and data security;

Open dialogue with relevant public office holders to emphasize Capital One's important role in Canada’s financial landscape and the unique business conditions of small and medium banks in Canada.

Policies and programs relating to the efficiency and effectiveness of the financial sector regulatory system, specifically the red tape reduction review.

The Bank Act and various associated regulations, in particular those pertaining to Schedule III banks.

Contribute to the development and implementation of a Canadian consumer driven banking framework and the development of associated regulation.

The federal government's review and involvement of open banking in Canada's financial sector, as well as the modernization of federal privacy laws

Discussing details pertaining to Canada's open banking framework that will be established under the Consumer-Driven Banking Act (CDB Act), which is part of the Budget Implementation Act, 2024, No. 1 (Bill C-69). Engaging on the draft legislation, introduced by the federal government in April 2024, and discussing issues like accreditation, scope and other items.

To advocate for the development of a national strategy to support the growth of Canada’s Web3 economy and digital assets. Particularly two projects: 1. Fiat-backed Stablecoins 2. Modernizing Canada's Qualified Investment regime and including digital assets like bitcoin

To engage officials with regard to Bill C-249, the Encouraging Growth of the Cryptoasset Sector Act. We are educating MPs and regulators on the crypto industry and specifically why bitcoin, is a unique asset class. We are providing input and feedback to any questions people have on the sector, how it impacts Canadians, and what we are doing as Shakepay to ensure that customer protection is at the forefront.

To engage government and federal regulators on the development and implementation of Canada’s consumer-driven banking framework, including the core framework elements.

Encouraging more effective use of TFSAs

Canada is experiencing an “entrepreneurial drought”: a sustained period where business closures consistently outpace new business starts, leading to a shrinking entrepreneurial base and declining confidence in entrepreneurship. CFIB recommends that reversing this trend should be treated as a national economic priority.

Reinstatement of sharing Social Insurance Number data, with Financial Institutions and credit reporting agencies to enhance capability to apply credit fraud alerts

Developments regarding Consumer Directed Finance: The future of finance services with respect to payments.

Monitor implementation of Payment Card Networks Act with regard to debit and credit cards and other ecosystem developments.

Monitor development of privacy and AI policy, with respect to payments and data.

Promoting the recognition and adoption of modern digital payments infrastructure as a foundation for Canada’s economic resilience and innovation

Supporting an open and competitive technology environment for mobile payments to maximise consumer choice and strengthen Canada’s participation in the digital economy.

Engage the Government of Canada on policies related to the administration of mortgages and related issues.