Bank of Montreal Closing Melville Branch in 2026
The Bank of Montreal will shutter its Melville, Saskatchewan branch in June 2026, following closures in Weyburn and Davidson. Learn what this means for local banking.
Category : Banking Finance
B.C. tribunal settles unusual credit dispute
A British Columbia tribunal has resolved a complex dispute involving an unusual credit arrangement. Learn how the case unfolded and what it means for financial agreements in Canada.
Trump grants clemency in $1.6B fraud case
President Trump granted clemency to David Gentile, convicted in a $1.6 billion investment fraud scheme affecting thousands. Learn about the case details and implications.
Trump frees ex-GPB Capital CEO after Ponzi scheme sentence
Former President Trump grants clemency to David Gentile, former GPB Capital CEO convicted in $1.8 billion Ponzi scheme. Latest development in ongoing presidential pardon controversies.
Gaza residents face tedious task of repairing damaged banknotes
Residents in Gaza undertake the painstaking process of restoring torn and damaged currency amid ongoing recovery efforts. Learn how communities are rebuilding their financial resources.
B.C. regulator alleges $16M investor fraud scheme
The B.C. Securities Commission accuses a company of defrauding investors of $16 million. Learn about the allegations and regulatory response in this developing story.
Supreme Court Allows Investor Mining Lawsuit
Canada's Supreme Court permits investor legal action against a mining company to move forward, marking a significant ruling for shareholder rights and corporate accountability.
BNPL Holiday Shopping: Avoid Debt Trap After Black Friday
Learn how to navigate buy now, pay later services during holiday shopping season. Expert tips to avoid debt cycles while using BNPL plans from Klarna, Afterpay and others.
Canada's Big 6 Banks Navigate Risks in Q4 Earnings
Canada's Big Six banks prepare to report Q4 earnings amid trade tensions and private credit concerns. Analysts expect higher EPS but warn of geopolitical headwinds affecting outlook.
Canada's Financial Regulation Needs Innovation Focus
Financial regulation in Canada must prioritize innovation and competition alongside stability to boost productivity and economic growth, argues expert Gherardo Caracciolo.
Canadian Banks Priced for Perfection in Q4 2025
As Canadian banks enter Q4 2025, they face immense market pressure. Explore the financial outlook and key challenges for Bay Street.
Platinum Jumps on China's New Futures Contract Launch
Platinum prices surge as China's new futures contract boosts demand. Spot prices hit $1,650/oz, while imports doubled in October. Discover the market impact.
Morgan Stanley fined €101M in Dutch tax evasion case
Morgan Stanley pays €101 million fine for Cum-Cum dividend tax evasion in the Netherlands. Learn about this major European tax enforcement case.
Young Canadians' Wealth Boom Faces Income Crisis
Canadians under 35 doubled their net wealth since 2020, but face the lowest income growth in the nation. Discover the risks to their financial future.
Guelph senior loses $15K in bank card scam
Guelph police issue urgent warning after senior loses nearly $15,000 in sophisticated bank card scam. Learn how to protect yourself from financial fraud.
Court expands Evergrande asset freeze on ex-wife's $220M
A Hong Kong court has strengthened an injunction freezing $220M in assets of Evergrande founder's ex-wife across Canada and other jurisdictions, aiding liquidators in the massive corporate collapse.
Canadian non-mortgage debt delinquencies rise in Q3 2025
Equifax Canada reports increasing non-mortgage debt payment delinquencies in Q3 2025 as financial pressures mount for Canadian consumers. Learn about the concerning trend.
Cash ETFs Offer Yield and Liquidity for Canadian Funds
Finance experts reveal cash ETFs provide attractive yields and liquidity for sidelined funds. Discover how Canadian investors can optimize their cash positions in current markets.
Alberta to protect AIMCo from liability in new bill
Alberta introduces legislation to insulate AIMCo from legal liability while protecting companies from greenwashing allegations. Learn how this impacts investors and environmental claims.
Sovereign Debt Picture Cloudier Heading Into 2026
Morningstar DBRS warns sovereign debt outlook worsening for 2026 due to geopolitical tensions and trade wars. Canada faces tariff risks from U.S. protectionist policies.
Canadian consumer debt reaches $2.6 trillion on mortgages
Canadian consumer debt surged to $2.6 trillion primarily due to increased mortgage borrowing. Learn how this impacts household finances and the broader economy.
Bank of Canada Q3 Growth Forecast at Risk
Economists warn Canada's Q3 GDP growth may fall short of Bank of Canada's 0.5% forecast, potentially stalling economic momentum amid trade uncertainties and weak data.
Alberta's Credit Delinquency Rate Highest in Canada
Alberta's economy leads Canada with 2.3% GDP growth, yet residents face highest credit delinquency rates at 2.31%. Discover the surprising economic paradox.
Biometric Fraud Drives New Bank Verification Models for 2026
A new Regula study reveals biometric verification is the most attacked point in digital ID processes, prompting a strategic shift towards orchestrated systems for Canadian financial institutions.
CRA tip line recovers $490M in unpaid taxes since 2018
The CRA's confidential tip line has identified nearly $490 million in unpaid federal taxes since 2018, targeting international tax evasion. Discover how the program works.
Barrie advisor misses hearing after fraud conviction
Barrie-area financial advisor Kevin Douse fails to appear at regulatory hearing following $1.8 million fraud conviction. Learn about the case details and consequences.
Ex-AIMCo CEO Evan Siddall joins BMO capital markets
Evan Siddall, ousted from AIMCo in 2024, has been appointed vice-chair of BMO's capital markets division following a reorganization. Learn about his Wall Street connections and career journey.
AI Debt Wave Threatens Credit Markets
Massive AI-driven debt sales from tech giants like Alphabet and Meta could overwhelm buyers and weaken credit markets globally. Learn about the risks.
SWB Financial Lists on NYSE in $8.1B SPAC Deal
Financial services firm SWB announces landmark $8.1 billion SPAC deal to list on New York Stock Exchange, marking one of 2025's major financial market developments.
Canada Post Reports $541M Loss in Third Quarter
Canada Post faces unprecedented $541 million loss before taxes in Q3 2025 amid declining mail volume and increased competition. Learn about the challenges facing Canada's postal service.
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