Ottawa pledges to advance open banking at ‘earliest opportunity’
Fintechs warn delays risk stalling innovation, prolonging risky data-sharing
- By: Craig Lord, The Canadian Press
- June 17, 2025 June 17, 2025
- 10:20
Fintechs warn delays risk stalling innovation, prolonging risky data-sharing
Unemployment and inflation remain low, but uncertainty around trade levies remains
Auto sales saw the sharpest decline, followed by spending at home and garden centres
Dealers remain part of Canadian Forum for Financial Markets' mandate, Paglia says
Household expectations are outstripping inflation, highlighting a growing communications challenge for central banks
Review aims to restore trust in market infrastructure
Shipments to China rose 22% in the first half of 2025
Real estate investment scheme was touted on YouTube and Facebook
Cooperation with regulator pays off in smaller penalty
Key considerations to put together a plan that works for you
Pickup from April may signal start of turnaround in housing: CREA economist
Promotions boosted May retail sales, but exports and housing slumped
Urban starts held steady at just under 260,000
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