Zachary Fentiman

This undertaking relates to a technical anomaly in the qualified investment rules regarding Canadian registered plans, such as registered retirement savings plans and tax-free savings accounts, which impedes the ability of Canadian mutual fund trusts, with such registered plans as unitholders, to invest in US real estate investment trusts and other US corporate investment vehicles and will seek to have this technical anomaly corrected through an amendment to s. 204 of the Income Tax Act (Canada) or section 4900 of the Regulations.

Housing Finance Programs and Market Infrastructure Federal housing finance programs, procurement policy and Canadian capital markets infrastructure. Participation in the Bank of Canada's Lynx program Support the development of a Canadian Green and Transition taxonomy (or investment guidelines) to help attract capital to domestic businesses, ensuring it reflects the structure of Canada’s economy, including the extractive sector. Climate and sustainability disclosures: ensure that climate and sustainability disclosure mandate proposals are calibrated to the uniqueness of Canada's capital markets and support the competitiveness of Canadian businesses. Discuss policies to support investment in critical minerals and natural resource development, including access to public markets financing and related tax incentives. Discuss federal 2026 pre-budget consultation submission, including priorities related to innovation, critical minerals, and measures to support Canadian productivity and competitiveness. Encourage greater transparency in the over-the-counter markets and discussed policies on the national regulator for securities Encourage a bond allocation incentive program and participation of Bank of Canada in the futures market Discussions and updates of, including support for, international expansion of capital market activities.

Engage with government on the impact global events and policies have on Canadian financial services. Provide input on legislation and policies related to financial fraud and scams including perspectives on the National Anti-Fraud Strategy Engage with government on commitments made in Budget 2025 related to increasing competition and affordability for financial services. Provide input on the range of tax filing services available to Canadians as the Canada Revenue Agency (CRA) develops its automatic tax filing plan. Provide input on the federal Financial Sector Legislative Review, including sharing perspectives on the digitalization of money Engage with government to share our experience with registered savings accounts (including the FHSA) Engage with government to ensure Retail Payments Activities Act Regulations reflect existing requirements for prudentially regulated financial institutions including those regulated at the provincial or territorial level. Engage with government support the implementation of open banking, payments modernization and the real time rail with a focus on benefits for individual Canadians and small businesses Bill C-27, Digital Charter Implementation Act as it relates to data portability, privacy and enabling consumer benefits of open banking