Compliant CAD stablecoin receives approval in Canada
Stablecoin's Canadian dollar reserves will be subject to regular audits
- By: Jonathan Got
- November 24, 2025 November 25, 2025
- 14:04
Stablecoin's Canadian dollar reserves will be subject to regular audits
Plus, other new products from BMO, Purpose, CIBC, Desjardins, along with some fee cuts
The bank will take a 20% stake in the Colombian institution
Plus, ECN Capital to go private in all-cash transaction
Scheme promised investors high returns from algorithmic trading strategy
Trading venue plans to offer fractional trading, extended hours
Court finds it's in the interests of justice for BCSC action to continue
Consolidated general government interest expenses rose 10.3% in 2024
New car sales dropped by 3.7% as overall spending weakens
Global exports climbed 3.7% in October
$1B critical minerals processing deal also in the works
ATB Wealth had a net income of $11.7 million
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales