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How open banking could empower survivors of financial control

Published: 3 March 2026

Canada鈥檚 proposed open banking legislation, Bill C 15, could become a powerful tool for women experiencing economic abuse, according to researcher . The framework would allow consumers to securely share their financial data with trusted third parties, helping survivors access crucial records without relying on abusive partners.

Economic abuse鈥攁ffecting one in three women experiencing intimate partner violence鈥攐ften involves restricting money, withholding information, or incurring debt in a victim鈥檚 name. Betermier argues that open banking should be viewed not only as competition and innovation reform, but as a way to support survivors in regaining control over their financial lives.

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