Category : Banking Finance


Canadian Wealth Hits $1.07M Average, Driven by Age and Province

Statistics Canada reports household net worth reached $18.4 trillion in Q3 2025, averaging $1.07 million per household. Wealth distribution varies significantly by age, province, and income bracket, with real estate and financial assets playing key roles.

82 Canadians on Forbes 2026 Billionaires List

Forbes' 2026 billionaires list features 82 Canadians among a record 3,428 global billionaires, led by Changpeng Zhao, Stuart Hoegner, and other notable figures from crypto, media, and energy sectors.

TSX Down 100 Points, U.S. Markets Mixed

The S&P/TSX composite index fell by nearly 100 points, while U.S. stock markets displayed a mixed performance, reflecting ongoing economic uncertainties and global market volatility.

OPTrust Pension Fund Earns 4.2% Return in 2025

The Canadian pension fund manager OPTrust has announced a solid 4.2% return on investments for the 2025 fiscal year, demonstrating resilience amid global economic volatility and energy market uncertainties.

SEC and CFTC Coordinate Enforcement and Examinations

Wall Street regulators SEC and CFTC announce enhanced coordination on enforcement actions and examinations to eliminate duplicative efforts and reduce confusion for financial firms operating under both agencies' jurisdictions.

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