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Discover all recent media appearances, news, articles, and updates from Senator Colin Deacon right here.
Beta Kit Panel: Experts Explain Why Canada’s ‘New’ Government Needs to Prioritize Competition, Talent, and Open Banking
Senator Deacon joins panelists Vass Bednar (Executive Director of McMaster University’s Master of Public Policy program and creator of the 'Regs to Riches' newsletter) and Benjamin Bergen (Executive Director of the Council of Canadian Innovators (CCI)) at Beta Kit's Patreon event "Canada’s ‘New’ Innovation Policy" to discuss the future landscape of Canada's innovation economy. Click here to read the highlights of this riveting discussion.
The Globe & Mail Opinion: We need to talk (about the economy)
In this opinion piece by David Parkinson of the Globe & Mail, the author discusses the recommendations in the new report of the Senate Prosperity Action Group, and why they are important to ensuring Canada's future prosperity. Click here to read more.
The Canadian Press: Senators call for governments to craft a grand post-pandemic plan to grow economy
In this article by Jordan Press of The Canadian Press, Senator Deacon discusses the newly released report by the Senate Prosperity Action Group. He comments on the report's recommendation to help improve access to capital and streamline regulatory regimes to help companies grow and compete globally, and the approach necessary for the government to achieve this. Click here to read more.
(File) REPORT: Rising to the Challenge of new Global Realities, Senate Prosperity Action Group
Produced by the Senate Prosperity Action Group, this report recommends that a comprehensive post-pandemic economic strategy is needed if Canada's economy is to prosper. The report details a three-part approach towards achieving prosperity: the development of a national economic growth strategy that capitalizes on Canada’s strengths; the implementation of a sustainable fiscal management plan allowing for investments and building resilience to deal with future crisis; and the creation of a new set of approaches in the form of a ‘grand alliance’ that includes more co-operative federalism and stronger partnerships with businesses, labour and community groups. Click here to read more of the report.
BetaKit Podcast: Senator Colin Deacon talks Open Banking, Competition, #FreeBoswell
Senator Deacon talks on BetaKit's podcast (hosted by Douglas Soltys & Rob Kenedi), to discuss the recently released open banking report, the state of competition in Canada, and its impact on innovation and consumers. He discusses the urgency for Canada to move quickly with implementing the recommendations in the Open Banking report, updating competition policy, and advancing innovation in the digital sphere in order to achieve economic prosperity. Click here to listen to the full conversation.
Library of Parliament: A Comparison of Open Banking Recommendations
On June 19th, 2019, the Senate Standing Committee on Banking, Trade and Commerce (Senate Banking Committee) released the report Open Banking: What it Means for You. Following the release of this report, Senators Colin Deacon and Howard Wetston continued to invest a considerable amount of time advancing the issue of open banking. Their ongoing efforts reflect the Senate Banking Committee’s unanimous view that Canada should urgently develop and implement an open banking framework.
More than two years later, on August 4th, 2021, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, released the Advisory Committee on Open Banking (Advisory Committee)’s April 2021 Final Report.
Following a request from Senator Wetston, recent chair of the Senate Banking Committee, the Library of Parliament completed a side-by-side comparison between the 10 recommendations made by the Senate Banking Committee and the 34 recommendations made by the Advisory Committee.
Click here to read more.
The Hill Times: AI innovation needs federal attention, say industry players, lawmakers
In this article by Alice Chen of The Hill Times, Senator Deacon adds his voice to industry players and other parliamentarians to discuss the importance of prioritizing artificial intelligence in Canada. He cautions that Canada could fall behind globally in productivity and economic prosperity without further inroads and change in regulations in the AI sector. Click here to read the full article.
Interview: Meet Senator Colin Deacon
Get to know Senator Colin Deacon in this article as he shares details about how he got involved in public life, his perspective on the most important public policy issues in Canada, which book he recommends as a must-read, and much more. Click to read the full article.
Final report: Advisory Committee on Open Banking
The Advisory Committee on Open Banking released a final report with recommendations on how to modernize the Canadian financial services sector and implement a secure open banking system for Canadian consumers. The committee’s final report, which has been welcomed by Finance Minister Chrystia Freeland, is the culmination of work undertaken since 2018, including two phases of consultation with a broad range of stakeholders and engagement with subject matter experts. Click here to read the full report.
iPolitics: Senators urge better, affordable child-care programs
In this opinion piece written by Senators Moodie and Miville-Dechêne, Senator Deacon lends his support for the creation of affordable and high-quality early learning and child-care programs throughout the country, to ensure equity in workforce participation, better post-pandemic recovery, and prosperity for all. Read more here.