Angela Tu

Monitor implementation of Payment Card Networks Act with regard to debit and credit cards and other ecosystem developments. Monitor implementation of and compliance with the Code of Conduct for the Credit and Debit Industry in Canada. Monitor developments to immigration policy as it relates to skilled labour. Monitor developments the Payment Card Networks Act with respect to payment card network operators, and any other legislation seeking to amend that Act. Monitor developments relating to the Voluntary Interchange Commitment and other initiatives related to cost of acceptance. Monitor developments relating to international trade discussions, including the Canada-US-Mexico Agreement and WTO reform with respect to data flows and electronic payments. Monitor developments relating to government-supported tree planting programs, Monitor developments relating to Bill C-331 An Act to amend the Canadian Security Intelligence Service Act (duty of candour) Monitor developments regarding Proceeds of Crime and Terrorist Financing Act and regulations with respect to credit card accounts and prepaid. Monitor developments regarding breach tracking and reporting regulations under, and review of, the Personal Information Protection and Electronic Documents Act. Monitor developments associated with global humanitarian aid efforts with respect to financial inclusion and electronification of aid and exploring opportunities for private-public sector partnerships in administering aid. Monitor developments and opportunities regarding greater government use of electronic payments. Seek opportunities for greater usage of products and services by federal government. Monitor development of the Retail Payments Oversight Framework/RPAA with respect to regulation of payment networks. Monitor development of the Government’s innovation agenda with respect to the digital economy and Digital ID. Monitor development of the Digital Charter (Bill C-27) with respect to payments and data. Monitor development of regulations pursuant to the Bank Act with respect to credit card issuer practices. Monitor development of Open Banking consultations and studies. Monitor development of Faster Payments initiatives as the government moves toward payments modernization. Monitor development of cybersecurity policies with respect to payments. Monitor deployments relating to oversight of cryptocurrency. Monitor Bank Act policies with respect to prepaid cards.

Developments with respect to implementation of a digital services tax. Developments related to Budget 2021 commitments to examine credit card transaction fees. Developments regarding Proceeds of Crime and Terrorist Financing Act and regulations with respect to credit card accounts. Developments regarding Consumer Directed Finance: The future of finance services with respect to payments. Developments regarding Bill C-27, An Act to enact the Consumer Privacy Protection Act, the Personal Information and Data Protection Tribunal Act and the Artificial Intelligence and Data Act and to make consequential and related amendments to other Acts Developments regarding Bill C-26, An Act respecting cyber security, amending the Telecommunications Act and making consequential amendments to other Acts Developments of regulations pursuant to the Bank Act with respect to credit card issuer practices. Developments of Digital Economy Strategy with respect to policies relating to payments. Developments in implementation and Financial Consumer Agency of Canada monitoring of Code of Conduct with respect to Debit and Credit Cards Arrange and attend meetings to discuss the Government’s 2 billion new trees commitment

Infrastructure - Expand opportunities for long-term investors to support infrastructure investment, including opportunities to support investment in housing. Pensions & savings plans – Engage with public office holders regarding enhancing retirement and savings security for Canadians through retirement planning, public and registered savings plans, annuities, etc. Prescription drugs - Seeking to raise awareness about prescription drug & workplace benefit coverage. Group benefits & paramedical health care – Engage with public office holders regarding health care programs and policy that may impact group benefit plans. Climate/Environment – Engagements related to the impacts of extreme weather on the health and wellness of Canadians and expanding opportunities to meet our decarbonization commitments. International relations & trade – Engage with public office holders regarding international relations as it relates to Canada’s insurance industry. This includes how best to maximize the benefits of Canada’s trade relations for the industry and broader economy. Insurance and health regulation and legislation - Engage with public office holders regarding Canada’s financial services and health care sectors, in relation to the insurance industry. This may include the industry’s governing legislation and regulations, taxation policy, administration, and related issues, guidelines & rules. Cyber security, data, and privacy – Engage with public office holders on how to ensure the safety and integrity of Canada’s insurance industry’s data and technology systems. This may include engagement on privacy legislation, policy, and technological innovation in the insurance industry.

Sustainable finance and the development of solutions to support climate action and sustainable investment, including participation in the Sustainable Finance Action Council. Support the development of government support for small and medium businesses. Inform the development of a policy framework around the proposal to bring consumer-directed finance to Canada Discuss measures to protect and enhance the strength of the credit union system in Canada Advocate for government actions to expand the number of affordable homes, including by addressing equity and capital challenges in non-profit, co-operative, and rental housing development and renewal. Advocacy for government actions that support the financial health and well-being of Canadians and advance financial inclusion. Advocacy for government actions related to mitigating, and adapting to, climate change.

The Consumer Driven Banking Act and related regulations as it applies to banks The federal government’s framework for stablecoins and digital assets Canada Deposit Insurance Corporation Act as it relates to banks and the administration of the deposit insurance framework Federal government programs and policies related to Artificial Intelligence regulation Housing finance framework, including reforms to expand housing supply, mortgage underwriting regulations and covered bonds Financial institutions with respect to Canada/US relationship and trade policy Office of the Superintendent of Financial Institutions guidelines with respect to capital, liquidity, and non-financial risk The Canadian Payments Act, as it relates to management of Canada’s payment system and payments modernization The modernization of the supervisory framework for financial institutions as it relates to the responsibility for administering prudential and consumer measures Requirements for financial institutions as they relate to corporate governance rules under the Bank Act Promotion of the importance of a competitive financial sector in achieving improved economic development in Canadian regions Providing inputs with respect to capital requirements as they relate to Basel III and lending for businesses Official languages policy as it relates to financial services. Federal government programs and policies supporting growth for small businesses Federal government programs and policies respecting financing for infrastructure projects Federal government programs and policies on employment and training as they pertain to financial institutions Federal government programs and policies respecting consumers as they pertain to relationships with financial institutions Federal government programs respecting financing for the agriculture industry Federal government programs respecting financial services for Indigenous communities The Bank Act and the National Housing Act as they relate to potential measures affecting housing affordability and lending Promotion of resources to support mental health and well-being of Canadians Promotion of financial services available to finance Canadian infrastructure development; sharing of international best practices with respect to infrastructure policy, particularly in terms of options for project financing arrangements Privacy legislation and acts with respect to the banking industry’s collection, use and protection of personal information Office of Superintendent of Financial Institutions Guidelines regarding accounting rules regulating financial institutions Income Tax Act with respect to corporate income tax, capital tax, international taxation, personal taxation, and registered saving products Impact of federal national security policy as it relates to the banking sector Financial services policy with respect to study of retirement income security Federal government programs and policies to combat financial crimes Federal government programs and policies related to sustainability, natural resources and climate change in support of achieving net zero targets Federal government position with regard to ongoing discussions on international financial regulation reform, as it pertains to Canadian banks Federal government policies affecting Canada’s payment systems as well as access to financial data Bank Act with respect to its impact on financial sector

Participating in and having conversations around upcoming consultations. Budget 2023 announced the government’s intention to launch consultations on additional revisions to the Criminal Code’s provincial/territorial-requested payday lending exemptions. Federal Budgets in general with respect to providing input into possible regulations or legislative amendments that could be put in place. The CCFA will submit pre-budget recommendations on an annual basis. Advocate for policies that enable participants in the payday loan industry to continue to alleviate unfulfilled consumer demand for small-sum, short-term credit.

CFIB supports the principle behind the Canada Jobs Grant but encourages flexibility in its implementation and consideration of small and medium-size enterprises (SMEs)' needs. For example, introducing a permanent refundable tax credits for co-op and internship hires and reducing red tape from programs like Canada Summer Jobs to make it easier for small businesses to continue hiring youth. Advocating on behalf of small and medium-sized businesses to facilitate trade between Canada and other countries (CAN-US tariffs, the Canada-United States-Mexico Agreement, Chinese tariffs). Canadian Federation of Independent Business (CFIB) shares its suggestions for Budget 2026 focusing on: reducing the small business tax rate from 9% to 6% and increasing the small business deduction (SBD) threshold to $700,000 and index it to inflation going forward. 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. Sharing small businesses' views on Labour Code changes, impact on small businesses and the need to ensure the fluidity of the supply chain. Sharing survey results on improving CFIA customer service to encourage the review of their operations to better meet the needs of small and medium-size enterprises (SMEs) - reducing red tape and facilitating food mobility within Canada. Sharing data information and recommendations related to the state of small and medium-size enterprises (SMEs) overall and for specific sectors which could also include provincial data. Promoting reforms to the Competition Act that will ensure small businesses have an equitable opportunity to compete in today’s economy, especially as small and medium-size enterprises (SMEs) have noted an increase in large corporate giants within Canada. Shipping costs pose a significant barrier for small business, as such we continue to advocate for favourable shipping rates with carriers (including the cost of shipping along with better service levels and addressing the work stoppage at Canada Post). Presenting the views of small business owners based on our survey data to the Canada Revenue Agency to share ways of improving customer service interactions with small and medium-size enterprises (SMEs) and suggest ways to ease the tax burden on small business owners as well as increase accountability within the agency. CFIB continues to monitor the effects of the Consumer Product Safety Act on small and medium-size enterprises (SMEs) and other issues raised related to the mandate of Health Canada. We also continue to monitor customer service interactions between our members and Health Canada. Any issues are raised with officials. CFIB advocates for simplification to the federal procurement process on behalf of small and medium-size enterprises (SMEs). Lobbying to reduce Red Tape by focusing on removing interprovincial trade barriers, facilitating labour mobility and improving government customer service. This includes providing input for the consultations on the Annual Regulatory Modernization Bill. Goods and Services Tax/ Harmonized Sales Tax Administration with regards to Transitional Rules, Out of Province Sales Rules, Point-of-Sale Rebate, and fillings. Retirement Income Policies, and proposed Canada Pension Plan increases. CFIB is against mandatory increases in Canada Pension Plan, and has provided alternative approaches. CFIB has also shared recommendations to reduce disincentives to work for older workers. Presenting the views of small business owners on infrastructure spending through member survey results, mandate votes and other CFIB research. Offering funding solutions and alternatives to government proposals on transit and infrastructure expansion. Personal Information Protection and Electronic Documents Act (PIPEDA)

Seeking opportunities to support implementation of the FCAC's National Financial Strategy 2021-2026. Also seeking opportunities to partner with the FCAC and other organizations to deliver upon the National Financial Literacy Strategy. The Income Tax Act and Taxation Policies - Seeking opportunities under the Income Tax Act through a proposed tax credit for low and middle income Canadians to improve the financial resilience of Canadians by improving the financial accessibility of financial planning advice for Canadians.

Offering input related to the review of financial institutions policy and Bank Act and/or emerging policies related to the financial technology sector to allow for greater innovation and competition Interest in implementing actions to provide Canadians with more control over their financial health, including financial literacy; establishing an open banking system in Canada. Arranging meetings and outreach with Public Office Holders in relation to Questrade’s goal in helping Canadians become more financially secure, contributing to the affordable housing strategy as a champion and providing the most innovative & cost-efficient online financial and other services.