Senator Colin Deacon

In a response to the Government of Canada's acknowledgement that "for too many Canadians, systemic racism is a lived reality" and its commitment to addressing systemic racism in Canada, Senator Deacon highlights a path forward for the Senate to demonstrate leadership in this regard. Focusing on the three central points that: systemic racism is an undeniable historical and current reality in Canada that can only be addressed through direct and explicit action; that, as our institutions become systemically diverse and inclusive, powerful social and economic opportunities will be unlocked for all Canadians, and; that the Senate of Canada has a constitutional responsibility to fight racism and demonstrate leadership on this front. Click here to hear his full speech. 

In this seventh episode of Open Banking Initiative Canada's (OBIC) Insight Series, Senator Deacon and host Michelle Beyo (CEO of Finavator INC.) sat down with the Competition Bureau of Canada and the Competition and Markets Authority of the UK to discuss the benefits of open banking for consumers and businesses. They were joined by expert panelists Leila Wright (Associate Deputy Commissioner at the Competition Bureau of Canada) and Dr. Bill Roberts (Head of Open Banking at the UK Competition and Markets Authority). The panel explored the opportunities open banking can provide for consumers and businesses, how open banking can catalyze competition in both Canada and the UK, and the role that government plays in accelerating those processes.