Members of Canada’s increasingly frustrated fintech sector are calling on the federal government to move ahead with promised plans to give consumers more control over their financial data. Dozens of tech leaders sent a letter Thursday to Finance Minister Chrystia Freeland arguing that Canada is falling behind as an increasing number of countries move ahead with open banking systems designed to increase competition. “Open banking in Canada is long overdue,” said Nicholas Schiavo, director of federal affairs at the Council of Canadian Innovators and one of the signatories. The system, which already exists in the U.K. and the European Union and is moving ahead in the U.S., promises to give C
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