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Decentralized Democracy

House Hansard - 259

44th Parl. 1st Sess.
November 30, 2023 10:00AM
Context: House Hansard - 259 - Nov/30/23
Mr. Daniel Blaikie (Elmwood—Transcona, NDP)
  • Nov/30/23 11:36:16 a.m.
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Mr. Speaker, I thank the member for Bay of Quinte for raising again today the issue of open banking. I think it is really important that Canadians own their own data. We see a problem in the financial sector where financial institutions put up barriers to Canadians' being able to share their own information about their own financial situation with other financial institutions in order to be able to compare apples to apples when it comes to shopping around for a better price. Of course, we see other instances, often in the medical system, for example, where patients are told that they do not own their information, and that if they want to transfer information from one health service provider to another, the information is proprietary to the offerer of the service. It can be quite costly, difficult and onerous to be able to procure one's own information and transfer it to another health care institution. I wonder whether the member would like to speak more generally to the kind of principles around consumers of various types of services being able to own their information and to make it easily portable for them so they can engage in the activity of trying to find the best service. This could be service either at the best price or even in the context of systems where they are not having to pay for those services but still want to be able to get better service by shopping around.
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