Mark Radley

The Federal government has made a commitment to lower the allowable rate of interest. This change in policy will reduce access to credit for millions of Canadians. These Canadians make up 29% of all Canadians with credit reports and are non-prime borrowers, meaning that they would struggle to access loans from traditional financial institutions. The Canadian Lenders Association would like the government to understand how this amendment will negatively impact CLA members and the public at large.

The Federal government has made a commitment to lower the allowable rate of interest, in section 347 of the Criminal Code. This change in policy will reduce access to credit for millions of Canadians. These Canadians make up 29% of all Canadians with credit reports and are non-prime borrowers, meaning that they would struggle to access loans from traditional financial institutions. The Canadian Lenders Association would like the government to understand how this amendment will negatively impact CLA members and the public at large.

The Proceeds of Crime (Money Laundering) and Terrorist Financing Act, initiatives for enhancement of reporting mandatory information, and risk assessment methodology. The introduction of policies, programs or legislation related to "Open Banking". The Canadian labour force and labour mobility as it relates to the Express Entry program. Policies related to Canadian economic growth, and international trade. Policies related to Canada's development of natural resources. Policies related to asset recycling and industry investment in public infrastructure development . Policies and programs that affect the Canadian housing market and lending practices. Policies and programs related to gender diversity, inclusion and accessibility. Personal Information Protection and Electronic Documents Act (PIPEDA), the Privacy Act, and any legislation and associated regulations with regard to privacy and security, identity theft risks, use and protection of information Payment Processing System with regard to rates, fees, oversight of credit and debit procedures Office of the Superintendent of Financial Institutions Act (OSFI) and regulations, in respect of regulatory compliance for banks Immigration policies and programs to address labour shortages and market needs. Canadian Payments Act, as it applies to applicable legislative reviews and the government's Payment's Modernization initiative. Canada Labour Code, Parts II and III Bank Act and regulations, in respect of the five year financial system review, as well as any changes resulting from the review.

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.

The Income Tax Act and Taxation Policies – Seeking opportunities under the Income Tax Act to improving the financial resilience of low- and middle-income Canadians by investing in the accessibility of financial planning advice for low- and middle-income Canadians. The Income Tax Act and Taxation Policies - Seeking opportunities under the Income Tax Act to improve the financial accessibility of financial planning advice for Canadians. Seeking opportunities to support implementation of the Financial Consumer Agency of Canada's (FCAC) National Financial Strategy 2021-2026. Also seeking opportunities to partner with the FCAC and other organizations to deliver upon the National Strategy.

Policies and administration that supports access to the Canada Disability Benefit and Disability Tax Credit for eligible people with low incomes and that policies, regulation and funding take into account barriers faced by people with disabilities and design for inclusion. Policies that support stronger consumer protection and in particular protection for people with low incomes. Policies that support hardship relief for people with low incomes dealing with CERB or CRB repayments, or overpayments of tax benefits. Policies that support closing the gap in appropriate, affordable and trustworthy financial help for people with low incomes. Policies and administration that supports better access to benefits for people with low incomes. Enhancements to to outreach, and improvements to the administration of the tax system to support more people getting the benefits they are entitled to and tax filing. Funding for Community Volunteer Income Tax program. Funding for community-delivered financial help services.

Healthcare policy and potential legislation relating to employee benefit programs and the cost of pharmaceuticals, and healthcare policy related to virtual care services To ensure that the needs of the financial sector in matters related to human resources as well as its capacity to service customers are properly reflected in legislation, policies and regulations in the context of the COVID-19 public health and economic crisis. The Personal Information Protection and Electronic Documents Act with respect to privacy, customer data, and data security Taxation - discussion of taxation policy for financial institutions. Seeking to raise awareness about prescription drug coverage policy considerations and concerns in context of national universal pharmacare proposals directly and as a participant in the Together for Better Health Coalition. Other related initiatives include high cost drugs for rare disease and PMPRB regulations Review of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act as it relates to insurance contracts. Pension and Retirement products and income security Guidelines of the Office of the Superintendent of Financial Institutions as they relate to insurance companies. Federal Financial Services legislation review, with respect to Financial Institutions policies, infrastructure, open banking, and financial technology Clarification of Goods and Services Tax (GST) / Harmonized Sales Tax (HST) with respect to the treatment of financial services.

Working with the government to protect Canadians against fraud and scams, including the development of the National Anti-Fraud Strategy. Contribute to the development and implementation of a Canadian consumer driven banking framework and the development of associated regulation. Policies and programs relating to the efficiency and effectiveness of the financial sector regulatory system, specifically the red tape reduction review. 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. Support the development of an innovative, efficient, and secure payments ecosystem in Canada that benefits consumers. The Bank Act and various associated regulations, in particular those pertaining to Schedule III banks.

Discussing opportunities to support the government's economic and fiscal resilience by exploring ways Equifax’s data and technology can be leveraged to modernize government mandates. Engaging with government to support the implementation of consumer-driven banking with a focus on the benefits for individual Canadians. Engaging with government to encourage innovation and investment in the financial services sector to recognize rent payment history as a factor in determining credit scores.

Advancing Competition, Affordability and Innovation in CDN Banking Fintech and Competition geared towards Open Banking/Consumer Driven Finance increasing competition in the market, and to improve efficiency in implementing changes. Prepaid card rules and legislative harmonization Capital Adequacy Requirements Guideline & Leverage Requirements Guideline, with respect to limits for covered bonds issues. Bank Act & Regulations, with respect to consumer protection framework.

Telecommunications regulatory proceedings at CRTC Broadcasting regulatory proceedings at CRTC Bill C-69, Budget Implementation Act 2024, No. 1, in regard to Division 37 of Part 4 - Telecommunications Act changes. Bill C-56, An Act to amend the Excise Tax Act and the Competition Act, in relation to grocery market conditions and competitive conditions in other federally-regulated areas, such as telecommunications, airlines and banking. Bill C-360, An Act to establish a national strategy to reduce the amount of wasted food in Canada - regarding the entire bill. Bill C-322, An Act to develop a national framework to establish a school food program - regarding the whole bill. Bill C-288, An Act to amend the Telecommunications Act (transparent and accurate broadband services information), in respect of broadband speed advertising and other consumer rules under the Telecommunications Act. Bill C-27, Consumer Privacy Protection Act, in respect of this bill's modification to consumer privacy standards under PIPEDA. Bill C-26, An Act respecting cyber security, amending the Telecommunications Act and making consequential amendments to other Acts, in respect of consumer confidentiality, privacy and other matters. Bill C-252, An Act to amend the Food and Drugs Act (prohibition of food and beverage marketing directed at children), in respect of food retailing restrictions and advertising. Bill C-244, An Act to amend the Copyright Act (diagnosis, maintenance and repair), in respect of consumers' right to repair.

Implications of lawful access legislation, C-22 on telecommunications service providers Provide information on the consultation processes between the CRTC and telecommunication providers. Government measures to combat financial crimes and fraud Matters related to internet connectivity for new housing developments in Canada and Build Canada Homes. Lawful access requirements of Electronic Service Providers as outlined in Bill C-2, "Strong Borders Act." Policies and regulations relating to First Nations identification and eligibility for affordable telecommunications services. Policies and regulations related to the operation of Rogers Bank, with respect to financial sector regulations governing the Bank including issues under the Bank Act and consumer protection regulations. Matters related to Rogers’ acquisition of further shares in Maple Leaf Sports and Entertainment Canada, US, Mexico Free Trade Agreement (CUSMA), specifically provisions related to copyright, culture, telecommunications and broadcasting. Matters relating to Canada’s cybersecurity, specifically issues relating to public/ private partnerships designed to prevent the disruption of critical infrastructure and cyber systems. Policies, consultations and regulations related to the Broadcasting Act, Online News Act, Telecommunications Act, Copyright Act, and PIPEDA, the Artificial Intelligence and Data Act. Spectrum and telecommunications policies including wireless networks and roaming, spectrum auctions and digital economy, satellite to mobile technology, as well as public safety broadband network. Commitments related to the acquisition of Shaw Communications. Policies and programs that promote equity of opportunities and address accessibility issues for Canadians. Issues pertaining to professional sports and sport programs in Canada, alongside policies related to a growing Canadian sports economy. Broadcasting policies and regulations related to a modernized broadcasting system that fosters competition in the Canadian industry. Broadband policies and regulations, including rural broadband, the measurement of internet performance, competitive dynamics of broadband and availability of wholesale internet access and affordable internet. Bringing awareness of rising rates of network theft, tampering and vandalism of telecommunications infrastructure, retail robberies and sharing industry experiences of a need for criminal justice responses. Implementation of Bill C-18, the Online News Act, which gained royal assent in June 2023, as well as production supports for Canadian local news. Marketing of food and beverages to children as it relates to Bill C-252, An Act to amend the Food and Drugs Act. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), specifically provisions related to copyright, culture, telecommunications and broadcasting. Telecommunications industry experiences with emergency outages and resolutions in the context of Bill C-58, An Act to amend the Canada Labour Code and the Canada Industrial Relations Board Regulations, 2012. Single event sports betting, as it relates to the impact on gaming in Canada. Safety Code 6, limits for exposure to radio frequency electromagnetic energy Radiocommunications Act, specifically sections related to satellite signal theft. Procurement policies, specifically polices related to mobile devices and associated support services and solutions. Policies related to the adoption of Information and Communications Technologies (ICT) by Small and Medium-sized Enterprise (SMEs). Corporate taxation under the Income Tax Act, specifically the calculation of tax on digital infrastructure, the calculation of Capital Cost Allowance (“CCA”) and the calculation of country-by-country (“CbC”) reporting. Copyright Act, specifically sections related to fairing dealing, anti-piracy and claimed infringement. An Act to enact the Consumer Privacy Protection Act and the Personal Information and Date Protection Tribunal