Was sure open banking in Canada was stuck forever, then I saw a tiny credit union in Nova Scotia do it
I used to think only the big five banks could move the needle on open banking here, and that startups were just waiting around for Ottawa. Last month I sat in on a demo from a 12,000 member credit union in Halifax that already lets members link their accounts to a budgeting app through a screen scraping workaround they built themselves. It was messy and slow, but real people were using it, and the product manager said they got 800 sign ups in six weeks. The big banks keep saying the framework isn't ready, but this little shop proved you can ship something useful today. Has anyone else seen smaller Canadian fintechs just build around the rules instead of waiting for them?