Calgary-based fintech Neo Financial raised $68.5 million from over 100 investors, far exceeding expectations. The funding will enable the company to expand lending to Canadians and access securitization markets for growth.
The Nova Scotia RCMP reports a significant increase in counterfeit $50 bank notes circulating across the province, urging residents and businesses to remain vigilant.
The Canadian government holds 3.9 million uncashed cheques. Learn how to search for unclaimed funds and secure your money with simple steps.
Montreal is positioning itself as a candidate to host a proposed NATO financial institution dedicated to funding defense and military technology projects across the alliance.
Learn how Canadians can search for and claim any of the 3.9 million uncashed government cheques, including tax refunds and benefit payments, that remain outstanding.
Calgary-based fintech firm Neo Financial announces a significant equity investment from Alberta Investment Management Corporation and Northleaf Capital Partners, marking a key milestone for the Canadian financial technology sector.
Canada's main stock index, the S&P/TSX composite, experienced a significant rally, climbing more than 200 points. This surge coincides with gold prices nearing the US$5,000 per ounce threshold once again, highlighting a strong day for resource and financi
Major Canadian pension funds are expanding investments in Europe and Asia to reduce exposure to U.S. dollar volatility and political uncertainty under the Trump administration.
The U.S. dollar's recent volatility as the world's primary reserve currency signals a pivotal moment for international investors, prompting a reassessment of global financial strategies.
Gold prices surge dramatically, marking their largest single-day increase since the 2008 financial crisis, as investors capitalize on a recent steep selloff to buy the precious metal at lower prices.
Global stock markets, including the S&P/TSX composite, rose broadly as Japan and South Korea hit record highs, signaling a strong market rebound and renewed investor confidence.
The Bank of Montreal has been penalized $4 million by a financial watchdog for systematically overcharging customers enrolled in discounted banking packages, highlighting ongoing consumer protection concerns.
Despite trade tensions, Canada remains a net lender to the United States for the ninth consecutive year, with significant portfolio investment flows in 2025.
Morningstar DBRS issues higher credit ratings than competitors in Canada, raising concerns about market risks as single-rated bond deals surge in 2025.
The Bank of Nova Scotia becomes the second major Canadian financial institution to support the new Defence, Security and Resilience Bank, signaling a shift in how Canadian banks view defence sector financing.
Vanguard Group has reduced fees across 84 mutual fund and ETF share classes, lowering its average asset-weighted expense ratio to just 0.06% and saving investors approximately $600 million over two years.
Documents reveal Canadians are sitting on approximately $2 billion in unclaimed federal cheques, highlighting a significant financial oversight by the public.
A major credit rating agency has downgraded Nova Scotia's financial outlook, citing increased government spending and rising debt levels as key concerns for the province's economic stability.
Barrie police issue warning about sophisticated scam where criminals impersonate fraud investigators to steal personal information and money from unsuspecting victims.
Kevin Warsh, nominee for Federal Reserve Chair, advocates for reducing the central bank's massive asset holdings, but experts warn the process is fraught with economic risks and implementation difficulties.
Gold prices have experienced their most severe decline since the 1980s, with volatility now surpassing Bitcoin. Analysts debate whether this represents a buying opportunity or signals further losses ahead.
Precious metals gold and silver extended their declines after the CME Group raised margin requirements, prompting a wave of selling among investors and traders.
Intesa Sanpaolo has presented its comprehensive 2026-2029 Business Plan, focusing on sustainable profitability, strong capital returns, and expansion of advisory networks across Europe.
President Trump's nominee for Federal Reserve chair, Kevin Warsh, is under fire for past inflation warnings during the Great Recession and perceived political alignment with Trump's low-rate agenda.
Former Bank of Canada governor Mark Carney and current governor Tiff Macklem have extended congratulations to Kevin Warsh following his nomination to lead the U.S. Federal Reserve, highlighting the importance of central bank independence.
President Donald Trump has selected former Federal Reserve governor Kevin Warsh to lead the U.S. central bank, replacing Jerome Powell amid escalating political pressure on monetary policy independence.
Canada's S&P/TSX composite index experienced a severe drop of more than 800 points, with U.S. markets also trading lower, signaling a significant downturn in North American financial markets.
Canadian economists express concern as November GDP figures fall short of expectations, potentially undermining the Bank of Canada's economic growth projections for 2026.
Kevin Warsh, a potential Federal Reserve chair under Trump, faces the complex task of maintaining central bank independence while navigating intense political expectations and market scrutiny.
Former Bank of Canada Governor Mark Carney praises the selection of Kevin Warsh as U.S. Federal Reserve chair, highlighting their past collaboration and economic expertise.