Part 2: The Merchant Loyalty Industrial Complex Collapse  

fsim.ca/docs/Credit_cards_Part_2v4.pdf

Mark Sibthorpe

Since November 2, 2021, Loyalty Ventures Inc.'s (Airmiles) market cap has decreased from $861.42M to $2.11M, a decrease of -99.75%. This compares closely to 2018, when Aimia sold Aeroplan back to Air Canada and partners TD and CIBC for $238 million. For reference, in 2005 Aeroplan launched an IPO valuing it at $2 billion. Related to Aimia’s downfall, it had also previously sold the UK Nectar program to Sainsburys for $120 million, $580 million lower than it paid for Nectar in 2007.

This report digs under the surface and uncovers why loyalty is going the way of the dodo.

Merchants should not waste time fighting card networks  

fsim.ca/docs/Card_fees_ongoing.pdf

Mark Sibthorpe

This is part one of a two part assessment of merchant frustration due to high credit card fees. The second part of this report will outline an alternative approach that merchants can consider. An approach that is a win for them and also for the card networks.

The full story of SVB March 12th, 2023  

fsim.ca/docs/SVB_special_report2.pdf

Mark Sibthorpe

Aggregated news and research related to SVB. Apart from SVB, included in this report is related news with respect to other banks and non-traditional companies looking to add financial services that also appear risky.

March 2023 bank earnings summary  

fsim.ca/docs/bankearningsfriday.pdf

Mark Sibthorpe

This report provides a snapshot into recent bank earnings and related news as published in fsim.ca reports.

Real estate report: October 30th, 2020  

fsim.ca/docs/Oct30rereportv1.pdf

Mark Sibthorpe

The big buzz in real estate recently is Mark Carney being scooped up by Brookfield. This means more juice for riskier borrowers. Brookfield, a huge player in real estate, both residential and commercial, recently bought its remaining shares from Sagen (Genworth MI Canada), which values the company at $3.8 bn.

VersaBank’s New High-Security VPN Proving Especially Valuable During COVID-19 Pandemic  

fsim.ca/docs/TailscaleReleaseMarch30FINAL.pdf

Press Release

2014 FSIM when Bernanke visited Montreal  

fsim.ca/docs/MockBernanke.pdf

Mark Sibthorpe

Considering Bernanke is hated by the Republicans and hated even more by the Democrats, and is currently under scrutiny for saving AIG but not Lehman, (in hindsight) with respect to issues over solvency vs liquidity, the Montreal lovefest attended by 1,100 people yesterday must have been a welcome respite. Click the link to read the entire 2014 report.

Eisman's big Canadian bank short  

fsim.ca/docs/eisman2.pdf

Mark Sibthorpe

I have been reporting on Steve Eisman's short position for quite some time.  As the analyst reaction to Eisman shows (link below), Eisman has taken a lot of heat for shorting Canadian banks. Instead of capitulating, in September 2019 he publicly disclosed the fact that he added Canadian Tire to his position, He explains the rationale for this in a BNN interview late 2019. Essentially, his big concern with respect to banks was non-performing loans in Alberta. He feels Canadian bank CEOs are not prepared for a credit cycle. He specifically referenced ATB (a private bank) in discussing his concerns. Looking at the numbers today, my guess is that he has made off like a bandit.

VersaBank Beta-Testing Its New, High Volume Mortgage Finance App   

fsim.ca/docs/VBCortelMortFinanceAppFeb62020.pdf

Press Release

VersaBank announces it is initiating beta-testing on its newly developed high-volume mortgage software app with the Cortel Group, one of Canada’s largest home and condominium builders. The app, named “Direct Connect”, was designed to facilitate and significantly reduce the lengthy finance approval process typically experienced by home buyers when visiting home and condo pre-construction sales offices.

How and why you need to defend your brand against disruptors  

Mark Sibthorpe

Technology, and being open to opportunities, has preempted transformation in banking. At the top of change are Mint, PayPal and ApplePay; three examples of transformative solutions that are now ubiquitous. On the horizon: Uber and Google, both having recently announced partner based banking services. Further down in the plumbing is Duca Impact Labs, Versabank, and Revolut. This report shows how cost conscious FIs can, not only stay relevant in the face of adversity, but punch well above their weight. All thanks to creative thinking and the ongoing commoditization of technology.

Kick the can(nomics)  

fsim.ca/docs/Kick.pdf

Mark Sibthorpe

Canada has used consumer debt to provide life support to the economy. This strategy which basically pushed the day of reckoning to the next government was old back in 2014, and now is well past its sell-by-date. Recognizing this, and desperate to keep the economy out of a recession, Trudeau is spending more money now than any government in Canadian history. This report disusses a possible alternative.

ScoreCard Bill Morneau, Canada's Minister of Finance  

fsim.ca/docs/ScoreCardMorneau.pdf

Mark Sibthorpe

This report is a scorecard I designed in order to rank the performance of the current Minister of Finance, Bill Morneau. I do regular rankings because, otherwise, I cannot measure the performance in a meaningful way. The scoring is based on a variety of metrics as detailed on the ‘score-table’ on page 3. Examples of the criteria and weighting include:

Observations and overview of 2018 NB flood support from government and insurance companies.  

fsim.ca/docs/Observations and overview of 2018 NB flood support from government and insurance companies..pdf

Mark Sibthorpe

Flood aftermath is linked to post traumatic stress. Here are some findings from a study conducted by Queensland University following a flood:

"The findings showed that aftermath stress contributed to poor mental health outcomes over and above the flood itself, prior mental health issues and demographic factors," Ms Dixon said.

"Aftermath stress was the strongest predictor of post-traumatic stress symptoms with 75 per cent of people saying the most difficult aspect was the aftermath and dealing with insurance companies," she said.

With this in mind, I felt it was important to understand how New Brunswick flood victims were treated.

Update Argentina: a sign of the times  

fsim.ca/docs/Update Argentina_ a sign of the times.pdf

Mark Sibthorpe

Argentina is in the news daily because the situation is dire, and may be an indication of further contagion. The most dramatic story that speaks of the a leading cause of its troubles was the recent arrest of the public works secretary, Jose Lopez. June 15th he was caught hiding millions in cash in a monastery. No this is not a plot for a comedy.

Summary of Canada's flood news, 2017 to present  

fsim.ca/docs/Summary-of-flood-news-2017-present.pdf

Mark Sibthorpe

This report covers flood news in Canada from 2017 to present and highlights the relevent issues for home-owners and the insurance industry.

Banking on Pot  

fsim.ca/docs/c10191_banking-on-pot.pdf

SBS

As states across the US legalize marijuana for both medicinal and recreational purposes, it has fueled a growing industry of marijuana related businesses (MRBs).

Canadian banking industry overview  

Mark Sibthorpe

The industry overview is divided into 5 parts:

Introduction
Small banks
Small medium sized banks
Medium sized banks
Medium large banks

2014 Mobile payments the Apple pay way  

fsim.ca/docs/Mobile_Payments_Apple_Pay_2014.pdf

Mark Sibthorpe

With Walmart Pay about to userp Apple Pay, I thought I would share my 2014 book on mobile payments and loyalty. The guilde was written for Merchants that want to understand loyalty, credit, mobile payments and Apple Pay, but anyone involved with credit and loyalty might find it useful.
The book is a prelude to Walmart leaving MCX, and chronicles the evolution that led to Walmart Pay. There is an extensive case study of Walmart that looks into its efforts to become an ILC and to avoid paying credit card transaction fees ('merchant discount').
It offers readers a step-by-step methodology for evaluating and transforming credit and loyalty programs. The strategies are based on proven examples and industry facts. The Nectar, Target, Canadian Tire and Walmart case studies are examples of the practical approach I have taken, written with the intent that merchants can use them as blueprints for their own initiatives. 

Death to bitcoin, long live the blockchain   (See full report)

Mark Sibthorpe

Jamie Dimon calls bitcoin a fraud used by criminals, yet he has jumped into the blockchain with both feet.

TD bank industry conduct  

fsim.ca/docs/tdind2.pdf

Mark Sibthorpe

TD’s share price recently collapsed by $7 bn in one day due to CBC’s allegations of aggressive selling tactics. A huge fall from a bank that was trading at a premium as recently as January. This was even before the most recent allegation of TD attempting to avoid paying taxes on advertising.
This report chronicles the events leading up to the collapse, shows TD's performance, analyses other related issues.

Book review: Back from the Brink  

fsim.ca/docs/backbrink.pdf

Mark Sibthorpe

This is a book review of the book Back from the Brink by Paul Halpern, Caroline Cakebread, Christopher C. Nicholls and Poonam Puri.

Footnote 151  

fsim.ca/docs/footnote151.pdf

Mark Sibthorpe

Footnote 151 implies an important regulatory change related to derivative contracts. It means that US Banks will not be required to hold as much capital against commodities. If you want to understand the implications of this regulatory change in more detail, see the enclosed related article detailing the changes. For contextual purposes, I have also included two Rolling Stones Magazines reports from 2010 and 2014 that chronicle the role large US banks have played in manipulating commodities. You might question the credibility of these sources, but rest assured, these reports are based on United States Senate hearings which outline the issues in a 396 page report related to the implied risks. 

Save the Canadian economy now  

fsim.ca/docs/helecopter-money.pdf

Mark Sibthorpe

Consumer debt spending appears to have insulated Canada from the worst of the credit crisis, but now the alarming magnitude of consumer debt ($1.92-trillion) could exacerbate a day of reckoning.
This report assesses the issues at hand and recommends the solution to get Canada's economy on track.

Reasons financial service companies should consider gamification  

fsim.ca/docs/GamingEventProposal-printsample--en-final.pdf

Mark Sibthorpe

Gamification of business processes resulted on Mint.com growing to 10 million users within 4 years. This report explains how.

National Bank Special Report  

fsim.ca/docs/NatBSpec.pdf

Mark Sibthorpe

According to Bloomberg, National Bank of Canada will take a C$64 million ($48 million) restructuring charge in the fourth quarter and said its investment in Maple Financial Group Inc., which is being probed by German regulators, may be at risk of a “substantial loss.”

Will Canadian banks charge companies for deposits?  

fsim.ca/docs/depgrowthimpact2.pdf

Mark Sibthorpe

In light of today’s possible rate cut, this report discusses how a bank rate cut and capital ratio pressure could precipitate negative corporate deposit interest rates in Canada.

Canadian Tire's (CTC) - Canadian Tire Financial Services (CTFS) Scotia deal overview and risk assess  

fsim.ca/docs/ctfsfinal.pdf

Mark Sibthorpe

Review of the Canadian Tire Financial Services deal with Scotiabank, risks, opportunity and benefits.

Finance minisiter scorecard August 26, 2015  

fsim.ca/docs/Scorejo-August-2015.pdf

Mark Sibthorpe

This report looks at Joe Oliver, minister of finance’s progress to date, and assigns a grade to his government’s performance to date.

Xtreme Branch  

fsim.ca/docs/xbranch.pdf

Mark Sibthorpe

Branches are evolving to meet the digital age. This documents tracks the evolution with real-world examples.

Canadian Nudge  

fsim.ca/docs/nudge.pdf

Mark Sibthorpe

CWB cause for concern  

fsim.ca/docs/cwbupdate.pdf

Mark Sibthorpe

BNTV Overview  

fsim.ca/docs/overviewpdf.pdf

BNTV

BankNews.TV Publishing Corp services overview document:

• Analytics
• Financial services industry monitor (FSIM) industry briefings and developments reports
• Research

Challenger banks not a threat to big banks  

fsim.ca/docs/challenger.pdf

Mark Sibthorpe

This report looks at Canadian challenger banks (apart from merchant led banks) and explains why they have not threatened larger institutions. It also looks at ways in which these upstarts have achieved success.

Gamification of financial data project  

fsim.ca/docs/GamingEventProposal-printsample--en-final_original.pdf

Mark Sibthorpe

This document contains details on how BankNews.TV is helping kids learn programming via gamification of financial data.

The impact a rate rise will have for Canadian banks  

fsim.ca/docs/irr-f.pdf

Mark Sibthorpe

Canadian banks have made money throughout the credit crisis, but this trend may be about to reverse. The rational supporting this prediction is that revenue has grown despite a declining net interest margin (NIM). It has grown in spite of this fact because Canadian debt (loan lease volume) has risen significantly, as shown in chart 2.

FIFA: the new goldenballs  

fsim.ca/docs/goldenballs.pdf

Mark Sibthorpe

Yesterday, the Attorney General of Switzerland (OAG) opened criminal proceedings related to the FIFA scandal. This report outlines some of the events related to the criminal investigation, with a particular focus on banking.

Scorecard Minister of Finance: JIm Flaherty  

fsim.ca/docs/Scorecard Min Fin Flaherty April 8 2014.pdf

Mark Sibthorpe

March 18, Finance Minister Jim Flaherty resigned from cabinet after having endured a difficult year due to health issues. This report looks at his legacy and attempts to grade his government’s performance to date.

Sample RFP for a Loyalty Program  

fsim.ca/docs/sample RFP for a loyalty program.pdf

Mark Sibthorpe

Merchants extend financial services  

fsim.ca/docs/merchantfs.pdf

Mark Sibthorpe

Merchant led financial services are growing in importance once again. This is exemplified in the ongoing UK rivalry between ASDA, Sainsbury and Tesco. Together these merchant/financial service companies provide the backstop for three different approaches for merchants looking to extend their financial services.

Hot Money: real-estate  

fsim.ca/docs/hotmoney.pdf

Mark Sibthorpe

Currency Cheat Sheet: a guide for the rest of us  

fsim.ca/docs/currencycheatsheet.pdf

Mark Sibthorpe

Riches to Rags? Summary of possible risks for Genworth MI CANADA, INC.  

fsim.ca/docs/gq4risk.pdf

Mark Sibthorpe

Genworth had its Q4 2014 earnings call. Genworth own about 30% of the mortgage default insurance in Canada. Not surprisingly, the earnings call became focussed on Alberta; and for good reason, with 20% of its outstanding insured mortgage balance in Alberta, sensitivity to the oil shock and how Genworth plan to manage related risks were discussed in detail.

Canadian Western Bank Competitive Forecast  

fsim.ca/docs/cwbf.pdf

Mark Sibthorpe

Based on historical financial data (see detailed charts pages 5-8), the oil based recession in Alberta, and comparison against two of its peers, this document outlines my observation with respect to CWB’s future performances.

Liquid Canada: the tipping point  

fsim.ca/docs/Liquid.pdf

Mark Sibthorpe

This report examines liquidity issues in the Canadian financial service industry.

Bank Fees  

fsim.ca/docs/Bank fees.pdf

Mark Sibthorpe

Recently the CBC and The Globe and Mail both reported on what has been referred to as a consumer “bank fee outcry”. CBC compares banks to cable and phone companies, standing accused of trying to gouge customers with service fees. The backlash appears to have originated in conjunction with the NDP and the Consumers Council of Canada which argues that there is anxiety ‘among consumers about banking fees’.

Cheap Oil Report  

fsim.ca/docs/co2.pdf

Canada's Economy, a strategic solution  

fsim.ca/docs/ces.pdf

Mobile Payments Blueprint: guide to credit and loyalty transformation for merchants  

fsim.ca/docs/booksample.pdf

Guide to system selection  

fsim.ca/docs/gssnow.pdf

Read sample report: Guide to system selection. This sample would normally cost $99 but is available free as a sample. Click here view sample report.

SCOTIABANK SAYS TECHNICAL GLITCH THAT DISRUPTED DIRECT DEPOSIT, CHEQUE PAYMENTS HAS BEEN RESOLVED

G&M (2026-01-28)

“We are deeply sorry for the inconvenience the earlier technical issue has had on our clients, and sincerely appreciate their patience as we worked through this,” Ms.

GREATER TORONTO HOME PRICES SLIP AS LISTINGS OUTPACE SALES: BOARD

Yahoo Finance (2025-09-05)

The Toronto Regional Real Estate Board said the average sale price was down 5.2

RENTERS NEED TO MAKE OVER $78,000 TO HAVE AFFORDABLE RENT IN VANCOUVER, TORONTO: CCPA

Yahoo Finance (2025-09-05)

The threshold, which works out to a little over $37 an hour, is what it would take to keep housing costs within 30 per cent of pre-tax income and is far beyond what many renters make, said the report by the Canadian Centre for Policy Alternatives.

GOLD BLASTING TO RECORD HIGHS

BNN - Sean Boyd (2025-09-05)

Sean Boyd, Chairman at Agnico Eagle, joins BNN Bloomberg to provide a pulse check on Canada's gold sector.

TORONTO REAL ESTATE SETS INVENTORY RECORD, PRICES DOWN 24% FROM HIGHS

Better Dwelling (2025-09-05)

The sharp increase in new listings—significantly outpacing sales—pushed total inventory to historic levels.

TRUMP IS MAKING STRIDES IN HIS TAKEOVER OF THE FED

WSJ (2025-09-05)

President Trump’s sprint to take control of the Federal Reserve played out in a striking split-screen fashion on Thursday, just two weeks before the central bank’s next policy meeting. On

REVOLUT NAMES FORMER SOCGEN BOSS OUDEA AS WESTERN EUROPE CHAIR

WSJ (2025-09-05)

The U.K.

THE CENTRAL BANK WITH THE THIRD-LARGEST RESERVES IS SWAPPING DOLLARS FOR EUROS

MarketWatch (2025-09-05)

According to Swiss National Bank statistics, its foreign exchange reserves totaled more than $1 trillion at the end of June 2025 with dollars representing 39% of that sum and euros 37%.

REGULATOR SAYS TOP LENDERS ARE WELL POSITIONED TO WEATHER MARKET STRUGGLES

Mortgage Broker News (2025-09-05)

Toronto's tanking condo market is drawing headlines across Canada as its crisis deepens by the month, but the country's top banking regulator said this week it shouldn't be a major cause of concern for top lenders – and may even open some doors for previously frozen-out first-time buyers.

WHY GEN X WAS LONDON’S LUCKIEST PROPERTY GENERATION

FT (2025-09-05)

It felt like it was already over by the time I got my first job in London 20 years ago — the decade-long housing boom was coming to an end just as I was finishing my degree.

TRUMP UNSHACKLES THE US BANKING INDUSTRY

FT (2025-09-05)

Banks score big wins under Trump The story of banking since the global financial crisis has been one of increasing regulation.

FINANCIAL REPORTING INSTRUCTIONS

OSFI (2025-09-05)

Refer to the list for updated instructions on how to complete financial returns and reports in the Regulatory Reporting System.

REGULATOR PLANS CHANGES TO ENCOURAGE BUSINESS LENDING BY BANKS IN SUPPORT OF ECONOMY

G&M (2025-09-03)

Canada’s banking regulator is working to change the way it treats some business loans, making it more appealing for banks to lend to companies that are key to Ottawa’s plans to reshape the country’s economy. The

BANK CEOS SAY AI WILL BOOST PRODUCTIVITY AND HELP FIGHT FINANCIAL CRIME

G&M (2025-09-03)

Canada’s biggest banks have big plans for artificial intelligence. Top

BANK CEOS FOCUS ON RETURNS AS TRADE UNCERTAINTY OVERHANG PERSISTS

BNN (2025-09-03)

Canada is lagging on that rebound though as the trade picture is still a big unknown, but White said there is at least more certainty than at the start of the year, when it wasn’t clear who would lead Canada or what the policy direction would be.

CANADIAN REAL ESTATE IS CRASHING AT ONE OF THE FASTEST RATES EVER

Better Dwelling (2025-09-03)

The early ’90s correction dragged on for 26 quarters, as policymakers tried to offset losses with rapid immigration and financial stimulus.

CIBC NAMES FORMER MANULIFE EXECUTIVE MARIANNE HARRISON TO BOARD OF DIRECTORS

Investment Executive (2025-09-03)

The bank says Harrison brings significant experience in financial services after holding a variety of senior leadership roles over the past 25 years.

BMO ECONOMIST SEES A 'HIGH BAR' FOR BOC RATE CUT THIS MONTH

Mortgage Broker News (2025-09-03)

“Stubborn core inflation sets a high bar for another Bank of Canada rate cut, reducing the odds of a move on September 17,” wrote Sal Guatieri, senior economist and director at the banking giant.

TAPROOT BECOMES CANADA’S LARGEST EMPLOYEE-OWNED TRUST WITH 750 WORKERS

G&M - Meera Raman (2025-09-02)

A British Columbia-based support services provider has become the largest company in Canada to transfer ownership to its employees through a new model designed to help owners sell their businesses without seeking outside buyers. Taproot

MARVAL CAPITAL’S BEN WATSA ON THE CHALLENGES OF RUNNING AN INDIA-FOCUSED FUND DURING TRUMP’S TRADE WAR

G&M - Andrew Willis (2025-09-02)

Launched by chief executive Mr.

CALGARY HOME SALES DOWN 9% IN AUGUST AS HIGH INVENTORY DRIVING PRICE DECLINES: BOARD

Yahoo Finance (2025-09-02)

There were 3,478 new listings on the market last month, down 1.7

VISA AND MASTERCARD HAVE TOO MUCH POWER: BEDNAR

BNN (2025-09-02)

Vass Bednar, Managing Director at Canadian SHIELD Institute for Public Policy, joins BNN Bloomberg to discuss the growing power of credit card giants.

CANADIAN BANK SECTOR IS NOT CHEAP: WESSEL

BNN (2025-09-02)

Rob Wessel, Executive Chairman at Hamilton ETFs, joins BNN Bloomberg to provide an outlook for the Canadian bank sector following BMO and Bank of Nova Scotia beating Q3 estimates.

STRIPE AMONG FIRST FINTECHS TO FILE OPPOSITION TO JPMORGAN FEES

Bloomberg (2025-09-02)

Stripe Inc.

GOLDMAN SACHS FIGHTS £9 MILLION CLAIM FROM MANAGER WHO WON SUIT OVER PATERNITY LEAVE

Bloomberg (2025-09-02)

Goldman Sachs Group Inc.

CANADIAN ECONOMY IN EXCESS SUPPLY, EXPECTED TO WORSEN: NATIONAL BANK

Better Dwelling (2025-09-02)

“Overall, this week’s data does not change our view that the Canadian economy, already in excess supply, has experienced difficulties in the second quarter and will in the third,” he explains.

WSJ OPINION: TRUMP TAKES ON THE BANKS

WSJ (2025-09-02)

Trump signs an executive order directing regulators to address banks that discriminate against conservatives.

US REGULATORS CANCEL BANK EXAMS AS TRUMP ROLLBACK GATHERS PACE

Reuters (2025-09-02)

In recent months, the Office of the Comptroller of the Currency, the Federal Reserve, and the Consumer Financial Protection Bureau have postponed, scaled back or canceled bank exams.

GOLD'S RECORD-BREAKING RALLY: WHO'S KEEPING IT GOING?

Reuters (2025-09-02)

Gold prices hit a record $3,532 per troy ounce on Tuesday, extending a rally that has boosted them more than 90% since late 2022.

EUROPEAN REGULATOR SAYS TOKENISED STOCKS RISK 'INVESTOR MISUNDERSTANDING'

Reuters - Elizabeth Howcroft (2025-09-02)

Blockchain-based assets which provide exposure to equities could lead to "investor misunderstanding", as they typically do not make the buyer a shareholder in the underlying company, the European Union's securities watchdog said on Monday. So-called

TRUMP’S WORLD LIBERTY FINANCIAL TOKENS BEGIN TRADING

G&M (2025-09-01)

The digital tokens backing the Trump family’s cryptocurrency venture, World Liberty Financial, fell in value on Monday in their first day of trading. The

FEDERAL RESERVE SHOULD BE INDEPENDENT BUT HAS MADE MISTAKES, BESSENT SAYS

G&M - JEFF MASON AND ANDREA SHALAL (2025-09-01)

U.S.

LAURENTIAN BANK REPORTS $37.5 MILLION Q3 PROFIT AS REVENUE DOWN FROM LAST YEAR

Yahoo Finance (2025-09-01)

The bank's provisions for credit loss totalled $11.1

GOLD AND SILVER JUMP AS RATE-CUT WAGERS REIGNITE BULL RUN

Yahoo Finance (2025-09-01)

“Gold and silver have suddenly sprung to life as both fundamentals and technicals aligned,” said Saxo Capital Markets Pte.

BANKING WITH A CREDIT UNION CAN SAVE ON FEES BUT THERE ARE LIMITATIONS

BNN (2025-09-01)

Credit unions have also become an attractive alternative to traditional banks for many cost-conscious Canadians, said Natasha Macmillan, director of everyday banking at Ratehub.ca.

JAMES MOORE: THE ASTONISHING COLLAPSE OF THE NDP

BNN (2025-09-01)

When Jagmeet Singh took over the helm of the NDP he made a tactical decision to wed his political fortunes to those of Prime Minister Justin Trudeau.

WHAT HAPPENS TO TRUMP’S TARIFFS NOW THAT A FEDERAL APPEALS COURT HAS KNOCKED THEM DOWN?

Investment Executive (2025-09-01)

The U.S.

MONTFORT CAPITAL GROWS LOAN PORTFOLIOS AFTER SALE OF MORTGAGE, TECH-FOCUSED DIVISIONS

Investment Executive (2025-09-01)

The firm reported a 17.2%

CANADIAN ECONOMY CONTRACTS 1.6% IN Q2 AS TARIFFS HIT

Investment Executive (2025-09-01)

Investment in machinery and equipment meanwhile was down 9.4%

NESTLé FIRES CEO FOLLOWING PROBE OF ROMANTIC RELATIONSHIP WITH SUBORDINATE

WSJ (2025-09-01)

The Swiss maker of Nescafé coffee and Purina pet food said Monday that its board had ordered the probe overseen by Chairman Paul Bulcke and lead independent director Pablo Isla, with the support of independent outside counsel. “This

U.S. STOCKS ARE NOW PRICIER THAN THEY WERE IN THE DOT-COM ERA

WSJ (2025-09-01)

The S&P 500’s march to a record high this year hasn’t come cheap: By some measures, stocks have never been pricier. Investors

TRUMP FAMILY AMASSES $5 BILLION FORTUNE AFTER CRYPTO LAUNCH

WSJ (2025-09-01)

The Trump family notched as much as $5 billion in paper wealth on Monday after its flagship crypto venture opened trading of a new digital currency. The

TD BANK, CIBC RESULTS ECHO PEERS BUOYED BY LOWER CREDIT-LOSS PROVISIONS

WSJ (2025-09-01)

Canada’s largest lenders are more optimistic about the resilience of their loan books despite continued wariness of trade policies, scaling back in the latest quarter the cash reserves they set aside to cover potential customer defaults. The

TD, CIBC REPORT HIGHER-THAN-EXPECTED Q3 RESULTS, DRIVING CONFIDENCE DESPITE TARIFFS

G&M - James Bradshaw (2025-08-29)

Consumer credit is holding up well and some businesses are showing early signs of shaking off paralysis from trade uncertainty, as Canada’s largest lenders grow more confident their clients can handle the continuing fallout from tariffs. Toronto-Dominion

CANADIAN FINTECH PLANSWELL FACES COMPLAINTS OVER SALES HIRING PRACTICES

G&M - ERICA ALINI (2025-08-29)

Canadian fintech company Planswell is facing complaints over unusual hiring practices, roughly five years after its corporate reincarnation from a robo-adviser into an online platform that connects financial-services professionals with people seeking advice. Some

DESJARDINS GROUP TO ACQUIRE GUARDIAN CAPITAL FOR $1.67-BILLION

G&M - James Berkow (2025-08-29)

Financial services giant Desjardins Group is paying $1.67-billion

INFLUENCERS ARE TURNING CREDIT CARD ADVICE INTO A SALES PITCH. CAN YOU TRUST THEM?

G&M - Barry Choi (2025-08-29)

Years ago, credit card review sites and bloggers were dependable sources for advice.

EQB STOCK TUMBLES MORE THAN 10% AMID WEAK Q3 EARNINGS, CEO TRANSITION

Yahoo Finance - John MacFarlane (2025-08-29)

“While its business model is far from broken, we do not expect to see any immediate solutions to the pressures it currently faces,” Aiken wrote.

THE PATH FOR DONALD TRUMP TO TAKE OVER THE FED IS MORE PLAUSIBLE THAN YOU MIGHT THINK

Yahoo Finance - Gigi Suhanic (2025-08-29)

“President Trump’s decision to fire Lisa Cook as Fed governor gives him the ability to gain a majority at the Federal Reserve Board and to influence the broader composition of the FOMC (Federal Open Market Committee),” Jaret Seiberg, an analyst at TD Securities, said in a note.

RBA WARNS OF FINANCIAL STABILITY RISKS FROM PRIVATE MARKET BOOM

Yahoo Finance (2025-08-29)

“Changes in the nature of financial intermediation internationally, where more financing is occurring outside of prudentially regulated entities, is limiting the ability of authorities to monitor and address potential financial stability risks,” the Reserve Bank said in its 2025/26 corporate plan published Friday.

‘ENTER THE BIG LEAGUES’: DESJARDINS PRESIDENT ON LANDMARK $1.67 BILLION GUARDIAN DEA

BNN (2025-08-29)

“We have been in a number of different other diversified financial businesses over the years, but we’ve really focused our efforts on asset management recently, having sold our wealth business a couple of years ago under the brand of Worldsource to Desjardins,” George Mavroudis, Guardian president and CEO, told BNN

BANKING WITH A CREDIT UNION CAN SAVE ON FEES BUT THERE ARE LIMITATIONS

BNN (2025-08-29)

Credit unions have also become an attractive alternative to traditional banks for many cost-conscious Canadians, said Natasha Macmillan, director of everyday banking at Ratehub.ca.

CANADA’S CAPITAL FLIGHT CRISIS: RECORD EXIT BY FOREIGN & DOMESTIC INVESTORS

Better Dwelling (2025-08-29)

The damage isn’t just limited to foreigners but domestic firms are also sending capital abroad.

TD BANK POSTS $3.3B PROFIT IN Q3 AS REVENUE RISES

Investment Executive (2025-08-29)

“We are undertaking a restructuring program to reduce structural costs and create capacity to invest to build thebankof the future.

CIBC PROFIT RISES TO $2.1 BILLION IN THIRD QUARTER

Investment Executive (2025-08-29)

“As the global trade environment becomes clearer, we expect increased client activity and we remain well positioned to capture emerging opportunities through our diversified platform,” Dodig said.

ADVISORS RISK BEING KEPT ON THE SIDELINES OF THE GREAT WEALTH TRANSFER: SURVEY

Investment Executive - Alisha Hiyate (2025-08-29)

“When we look at where Canadians would turn for information, it appears it could potentially be as simple as [advisors] not being part of that consideration set,” Susan Sanei-Stamp, senior vice-president of the financial services sector team, said in an interview.

CIBC THIRD-QUARTER PROFIT RISES ON STRENGTH IN CAPITAL MARKETS UNIT

G&M (2025-08-28)

Canadian Imperial Bank of Commerce CM-T reported a rise in third-quarter profit on Thursday, driven by robust performance in its capital markets division. An

ROSENBERG RESEARCH: WHY THE NEXT LEG HIGHER IN THE GOLD PRICE IS ABOUT TO BEGIN

G&M - MARIUS JONGSTRA (2025-08-28)

Gold prices have been consolidating for the better part of the past four months – trading in a range of roughly US$3,300 to US$3,400 per ounce.

ROYAL BANK MAINTAINING 'PRUDENT POSTURE' AMID TRADE UNCERTAINTY, ECONOMIC RESILIENCE

Yahoo Finance (2025-08-28)

RBC's provision for credit losses for the period reached $881 million, up from $659 million a year earlier.

BIG BANKS ARE RALLYING BIG TIME. CAN IT LAST?

Yahoo Finance - David Hollerith (2025-08-28)

“For banks, I think it's party like it's 1995,” said Mike Mayo, a Wells Fargo bank analyst who admitted that, although "history isn’t likely to repeat, it may rhyme

EQB WELCOMES ANILISA SAINANI AS CHIEF FINANCIAL OFFICER

EQB (2025-08-28)

is pleased to announce that Anilisa Sainani will join EQB as SVP and Chief Financial Officer, and David Wilkes will be elevated to a new role as SVP and Chief Strategy & Growth Officer, both effective August 28, 2025.

PARLIAMENTARY BUDGET OFFICER SAYS 3.2 MILLION NEW HOMES NEEDED TO CLOSE HOUSING GAP

Yahoo Finance (2025-08-27)

Canada needs 3.2

SCOTIABANK EXECUTIVE SAYS YOUTH BEARING THE MOST FINANCIAL STRAIN

Yahoo Finance (2025-08-27)

The Bank of Nova Scotia's chief risk offer says it's a mixed picture for consumer health in Canada, with younger clientele experiencing the brunt of the financial strain but "green shoots" emerging elsewhere.

GOLDMAN SACHS EXPECTS BRENT TO DECLINE TO LOW $50S BY LATE 2026

Yahoo Finance (2025-08-27)

"We expect the oil surplus to widen and average 1.8

IMPROVING OUTLOOK FOR TARIFF IMPACT CLOUDED BY COMING USMCA NEGOTIATIONS, BANK CEOS SAY

G&M - Jameson Berkow (2025-08-27)

Trade war risks remain the most prominent clouds darkening Canada’s economic horizon, according to several of the country’s largest banks, with approaching continental trade talks set to determine whether the coming months will bring clear skies or a recessionary storm. Executives

JOLY ASKS CANADA’S FINANCIAL SECTOR TO LEND TO DEFENCE COMPANIES

G&M - STEFANIE MAROTTA (2025-08-27)

Ottawa is encouraging Canada’s financial sector to provide financing for defence companies – a risky industry that lenders have typically shunned – as the federal government ramps up spending to bolster the country’s military and sovereign capabilities, according to Industry Minister Mélanie Joly. Ms.

AIMCO EARNS 2% FIRST-HALF RETURN AS CLIENTS SEEK TO REDUCE RISK-TAKING

G&M (2025-08-27)

Alberta Investment Management Corp.

ONTARIO SECURITIES REGULATOR FILES TO FORCE FORMER BRIDGING FINANCE EXECUTIVES INTO BANKRUPTCY

G&M - ALEXANDRA POSADZKI (2025-08-27)

Ontario’s securities regulator said it has filed applications seeking to force David and Natasha Sharpe into bankruptcy and appoint a trustee over their assets, after the husband-and-wife team who once ran Bridging Finance Inc.

RBC, BMO, NATIONAL BANK AND SCOTIABANK: A BREAKDOWN OF THE BIG BANKS’ THIRD-QUARTER EARNINGS SO FAR

G&M - DAYNE PATTERSON ANDREW WILLIS JAMESON BERKOW (2025-08-27)

Canada’s biggest banks are reporting their earnings for the fiscal third quarter, covering the three months that ended July 31. Analysts

NATIONAL BANK BRINGS ON FIRST BATCH OF CANADIAN WESTERN BANK CLIENTS AFTER TAKEOVER

Yahoo Finance (2025-08-27)

"The next waves are planned over the upcoming months and the majority of clients will migrate over this period.

EQB REPORTS LOWER Q3 ADJUSTED NET INCOME, RAISES DIVIDEND

Yahoo Finance (2025-08-27)

The owner of EQ Bank says its adjusted net interest income came in at $254 million, down six per cent from the same period a year earlier.

CANADA RETURNS TO THE OFFICE AS REMOTE WORK SHRINKS BY 790K

Better Dwelling (2025-08-27)

Statistics Canada (Stat Can) data shows 790,000 fewer remote workers since 2022, while 1.5

KLARNA TO SEEK VALUATION OF UP TO $14 BILLION IN IPO NEXT MONTH, SOURCES SAY

Reuters (2025-08-26)

Swedish fintech Klarna will restart its plan to go public in the United States next month with a valuation of between $13 billion and $14 billion, according to two sources familiar with the matter. The

US BANK SECTOR SEES PROFIT DIP DUE TO CAPITAL ONE-DISCOVER DEAL: FDIC

Reuters (2025-08-26)

The completed merger between Capital One and Discover Financial weighed down bank profits in the second quarter, as the sector reported $69.9

VERSABANK ANNOUNCES VERSABANK USA LAUNCH OF TOKENIZED DEPOSIT PILOT PROGRAM IN UNITED STATES

VersaBank (2025-08-26)

VersaBank USA, has launched an internal pilot program in the United States for its USDVBs, the US-dollar version of its proprietary Digital Deposit Receipts ("DDRs") (the "USDVB Pilot Program").

BMO, SCOTIABANK TOP EARNINGS FORECASTS BUT SOUND WARY NOTE FOR ROAD AHEAD

G&M - ANDREW WILLIS AND DAYNE PATTERSON (2025-08-26)

Two of the country’s biggest banks delivered better-than-expected financial performance as their leaders sounded a note of cautious optimism about the economy’s prospects. On

FED GOVERNOR LISA COOK TO FILE LAWSUIT AFTER TRUMP ATTEMPTS TO FIRE HER

G&M - HOWARD SCHNEIDER, ANN SAPHIR AND TREVOR HUNNICUTT (2025-08-26)

Federal Reserve Governor Lisa Cook will file a lawsuit to prevent President Donald Trump from firing her, a lawyer for the embattled central bank official said on Tuesday, kicking off what could be a protracted legal fight over the White House’s effort to shape U.S.

SCOTIABANK RESULTS SUGGESTS TARIFF UNCERTAINTY LIFTING, THOUGH CONSUMER CONFIDENCE STILL SHAKY

G&M (2025-08-26)

Bank of Nova Scotia BNS-T posted a higher fiscal third-quarter profit than expected and metrics that signal that continuing uncertainty over tariffs has begun to ease, with fewer loan-loss provisions and boosted fixed income trading. Scotiabank,

BANK OF CANADA WILL NOT REVIEW 2% INFLATION TARGET IN 2026, MACKLEM SAYS

G&M (2025-08-26)

The Bank of Canada will not review its inflation target when its monetary policy framework comes up for renewal next year, Governor Tiff Macklem said on Tuesday, saying the current target has helped anchor inflation expectations. The

CANADA'S INFLATION FEARS 'AN ILLUSION,' WITH MORE BOC CUTS LIKELY: DESJARDINS

Yahoo Finance (2025-08-26)

The BoC’s focus should therefore shift to Canada’s economy, which is currently struggling with weak demand and high unemployment, he says.

TOUTING ‘ENORMOUS’ LNG OPPORTUNITIES, CARNEY SAYS CANADA TO UNVEIL NEW PORT INFRASTRUCTURE INVESTMENTS WITHIN TWO WEEKS

BNN (2025-08-26)

“There’s a huge range of immediate opportunities with respect to critical metals and minerals, and there are medium-term opportunities with respect to all forms of energy, including LNG and hydrogen,” Carney said.

CANADA POST REPORTS $407 MILLION Q2 LOSS AS PARCEL VOLUME SUFFERS

BNN (2025-08-26)

Overall revenue for Canada Post was $1.51

CANADIAN REAL ESTATE SELLERS CANCELED OVER 1 IN 5 LISTINGS, RECORD VOLUME

Better Dwelling (2025-08-26)

The current cancellation rate is much higher than past recessionary peaks

MID-SIZED BANKS FACE RISING CREDIT STRESS: DBRS

Investment Executive (2025-08-26)

“Interest rate-sensitive households and businesses continued to face some repayment pressures under the weight of still-elevated interest rates,” the report said.

COST OF TD’S DATA: BETWEEN ZERO AND $460 MILLION

Investment Executive (2025-08-26)

This year, after the existing contract expired in mid-May, TD terminated its agreement and sought the return of its data, which includes over 180 million records — a process that EIS said would cost over $460 million, based on the $2.50

BMO REPORTS $2.3B Q3 PROFIT, UP FROM $1.9B A YEAR AGO

Investment Executive (2025-08-26)

Net income was $2.33

SCOTIABANK REPORTS $2.5B Q3 NET INCOME, UP FROM $1.9B A YEAR AGO

Investment Executive (2025-08-26)

Scotiabank said its Canadian banking business earned net income attributable to equity holders of $958 million compared with $977 million a year ago as it saw higher non-interest expenses and provisions for credit losses, partly offset by higher revenues.

FED GOVERNOR COOK'S MORTGAGES: WHAT'S KNOWN AND WHAT'S NOT

Reuters (2025-08-26)

Cook's annual financial disclosure filed with the U.S.

TRADE UNCERTAINTY CLOUDS COMING CANADIAN BANK EARNINGS

G&M - CHRIS WILSON-SMITH (2025-08-25)

Canada’s biggest banks head into earnings season well-stocked with capital, but facing the strain of tariffs and a slowing economy. Analysts

INSIDE A CRYPTO HEIST: HAMILTON YOUTH WHO STOLE $48-MILLION STRIKES AGAIN

G&M (2025-08-25)

On a summer day in 2022, a lonely, troubled youth appeared in a Hamilton courtroom to say he’s “very sorry” for stealing $48-million in cryptocurrency.

OFFICIAL FROM ONTARIO’S REAL ESTATE REGULATOR LEAVES POST AFTER COLLAPSE OF IPRO REALTY

G&M - Shane Dingman (2025-08-25)

The registrar for Ontario’s real estate professional regulator is leaving after more than a decade on the job in the wake of the collapse of iPro Realty Ltd. Brenda

CANADIAN BANKS TO DODGE WORST CASE TARIFF SCENARIO IN LATEST EARNINGS

G&M - Nivedita Balu (2025-08-25)

Canada's big banks are expected to have lowered loan-loss provisions in the third quarter from the prior quarter as U.S.

FROM DEFAULT TO DELISTING OF EVERGRANDE, WORLD'S MOST INDEBTED DEVELOPER

G&M (2025-08-25)

China Evergrande Group was delisted from the Hong Kong stock exchange on Monday, in one of the largest removals by market value and volume in recent years.

CANADIANS LOAD UP ON US STOCKS DESPITE DONALD TRUMP’S TRADE WAR

Yahoo Finance (2025-08-25)

Canadian investors have injected C$124 billion ($89.7

STOCK EXCHANGES URGE REGULATORS TO CRACK DOWN ON 'TOKENISED STOCKS'

Yahoo Finance (2025-08-25)

A group representing the world's biggest stock exchanges has called on securities regulators to clamp down on so-called tokenised stocks,

‘A ROLLER COASTER OF ANNOUNCEMENTS:’ CFIB WARNS ABOUT 40% OF SMALL BUSINESSES WILL CLOSE WITHIN A YEAR

BNN (2025-08-25)

“About seven out of 10 businesses mentioned that they were impacted by at least one type of tariff, or retaliatory tariff from the trade war,” said Gaudreault.

"INVESTORS ARE REASSESSING": CANADA'S COMMERCIAL REAL ESTATE MARKET IS BEATING OUT THE U.S., SAYS REPORT

G&M (2025-08-25)

“Normally, when the world looks scary, money runs to the U.S.

IS THERE LIGHT AT THE END OF THE TUNNEL FOR REAL ESTATE MARKETS?

Yahoo Finance (2025-08-25)

That optimism has since evaporated.

CANADIAN MORTGAGE DEBT GROWING, BUT PACE IS STILL NEAR RECESSION LEVELS

Better Dwelling (2025-08-25)

Canadian debt grew faster than last year, but it was still uncharacteristically slow.

DESJARDINS GROUP ANNOUNCES CHANGES TO EXECUTIVE RANKS

BNN (2025-08-25)

The co-operative financial group says Denis Dubois will take on the role of president and CEO, moving up from his current positions of executive vice-president of wealth management and life and health insurance, as well as chief operating officer of Desjardins Financial Security.

POWELL FACES FRESH CHALLENGES TO FED INDEPENDENCE AMID POTENTIAL RATE CUTS

Investment Executive (2025-08-25)

Trump has urged Powell to slash rates, arguing there is “no inflation” and saying a cut would lower the government’s interest payments on its US$37 trillion in debt.

CANADA’S BIG BANKS EXPECTED TO SEE REVENUE BOOST FROM SOLID CAPITAL MARKETS

WSJ (2025-08-25)

Canada’s biggest banks are likely set to post revenue growth following a solid quarter for credit markets and a recovery in dealmaking. Third-quarter

WSJ MARKETTALK

WSJ (2025-08-25)

Credit quality for Canada’s medium-sized banks is expected to deteriorate further in the second half, continuing the weakening trend of the previous two years as interest-rate-sensitive households and businesses face some repayment pressures, Morningstar DBRS says.

US BANKS LOBBY TO BLOCK STABLECOIN INTEREST OVER FEARS OF DEPOSIT FLIGHT

FT (2025-08-25)

Banks are pushing to change new US stablecoin rules over fears they will spark trillions of dollars’ worth of outflows, underlining growing competition between Wall Street and the cryptocurrency industry. Banking

REUNITING THE OLD CREW AT A NEW BANK IS TOUGH

FT (2025-08-25)

In the 1980 film The Blues Brothers, Jake (John Belushi) and Elwood (Dan Aykroyd) embark on a “mission from God” to save an orphanage from foreclosure.

UK BANKS CARRY OUT SWEEPING BRANCH CLOSURES AS CUSTOMERS GO DIGITAL

Yahoo Finance (2025-08-25)

Some of the biggest traditional banks have shut more than one in three of their UK branches over the past five years as they turn away from the high street and dash to bulk up their digital offerings.

SAVE THE DATE FOR OUR SUMMER 2025 QUARTERLY RELEASE

OSFI (2025-08-25)

We will release our regulatory guidance during our Quarterly Release Day, September 11, 2025.

STATEMENT FROM THE SUPERINTENDENT ON OSFI’S CONTINUED REGULATORY EFFICIENCY

OSFI (2025-08-25)

In this updated plan, OSFI will seek out regulatory efficiencies that enable financial institutions to take risks, compete effectively, and contribute to growth in the Canadian economy.

FIRST NATIONS BANK SELLS ALMOST 9-PER-CENT EQUITY STAKE TO MEET GROWING DEMAND FOR BUSINESS LOANS

G&M - Jameson Berkow (2025-08-24)

First Nations Bank of Canada is raising $10-million in equity financing as the country’s largest Indigenous-owned financial institution responds to booming demand for new business loans. The

CANADA TO REMOVE COUNTERTARIFFS ON AMERICAN GOODS AMID ONGOING TRADE WAR: CARNEY

BNN (2025-08-24)

The government has also implemented measures to support the industries most affected by the trade dispute, and has been working to diversify its export markets to help insulate the Canadian economy from an over-reliance on the United States.

TENNIS ICON ROGER FEDERER BECOMES SEVENTH EVER BILLIONAIRE ATHLETE, FORBES SAYS

BNN (2025-08-24)

The Swiss star, who retired from the sport in 2022, is now believed to have a net worth of US$1.1

FED’S JACKSON HOLE EXPOSES HARD ROAD AHEAD FOR CENTRAL BANKERS

Bloomberg (2025-08-24)

The Federal Reserve’s annual gathering in the Rocky Mountains is usually a time for central bankers and their wonky friends to kick back, discuss a few complicated economic topics and then go for a hike in the shadow of Grand Teton. This

WEALTH ONE CEO DEPARTS AFTER TAKEOVER BY GLOBALIVE-LED GROUP

G&M - ALEXANDRA POSADZKI, James Bradshaw (2025-08-22)

“Wealth One remains committed to serving its customers and partners and maintaining the strength and stability of our operations.

POSTHASTE: CANADA SUFFERING 'MAJOR CAPITAL DRAIN' AS FOREIGN INVESTORS GO MIA

Yahoo Finance (2025-08-22)

Foreign investors bought $6.9

BANKS HEAD INTO Q3 RESULTS WITH HIGH VALUATIONS, OVERHANG OF ECONOMIC UNCERTAINTY

Yahoo Finance - Ian Bickis (2025-08-22)

National Bank analyst Gabriel Dechaine says credit outlook, or how much banks are setting aside, remains the biggest source of forecast uncertainty for the quarter.

FED WANTS TO RETURN TO A NEUTRAL RATE: WREN

BNN (2025-08-22)

Scott Wren, Senior Global Market Strategist at Wells Fargo Investment Institute, joins BNN Bloomberg to discuss the market outlook amid tech pullback.

CONTINUE TO EXPECT BOC WILL RESUME CUTTING IN SEPTEMBER: BARTLETT

BNN (2025-08-22)

Randall Bartlett, Deputy Chief Economist at Desjardins, joins BNN Bloomberg to discuss the BoC's rate path amid July numbers report.

CANADIAN HOUSING STARTS ROSE 3.7% MONTH-OVER-MONTH IN JULY

BNN (2025-08-22)

Tania Bourassa-Ochoa, Deputy Chief Economist at CMHC, joins BNN Bloomberg to discuss the increase in Canadian housing starts for the month of July.

POLAND’S BANK TAX PLAN SPOTLIGHTS BUDGET RISKS, SINKS STOCKS

Bloomberg (2025-08-22)

Poland’s plan to hoist taxes on banks sent investors scurrying for cover amid concerns over the country’s bloated budget. Warsaw’s

BOND MARKET RATE-CUT BETS FACE POWELL RECKONING AT JACKSON HOLE

Bloomberg (2025-08-22)

Bond investors are heading into Friday’s much-anticipated Jerome Powell speech largely expecting the Federal Reserve chair will indicate policymakers will start cutting interest rates next month. Powell’s

EURO-ZONE WAGE GROWTH QUICKENS, BACKING ECB CAUTION ON RATES

Bloomberg - Mark Schroers (2025-08-22)

A key measure of euro-area pay growth jumped, supporting caution by the European Central Bank on further reducing interest rates. Second-quarter

BESSENT IS DELUDED ABOUT STABLECOINS FUNDING THE DEFICIT

Bloomberg - Paul J. Davies (2025-08-22)

Scott Bessent is wrong about a potential big new source of demand for US government debt — again.

TORONTO’S CONDO MARKET IS SPIRALING TOWARDS A HARD LANDING

Better Dwelling (2025-08-22)

Construction of new condo apartments came to an abrupt halt in recent months.

NUMBER OF EI RECIPIENTS UP 3.4% IN JUNE

Investment Executive - Jonathan Got (2025-08-22)

The increase was highest among men aged 25 to 54 (7,100 more beneficiaries, a rise of 3.5%)

FUND MANAGERS’ USE OF ESG RATINGS COULD OPEN THEM UP TO LAWSUITS: FRASER INSTITUTE STUDY

Investment Executive - Alisha Hiyate (2025-08-22)

In A Lawsuit Waiting to Happen: The Use of Non-Financial Metrics by the Investment Industry, Bryce Tingle, N.

RBC OFFERS NO-FEE BANK ACCOUNTS TO INDIGENOUS PEOPLE

Investment Executive - Jonathan Got (2025-08-22)

The new offering follows an agreement the federal government and the Financial Consumer Agency of Canada (FCAC) negotiated with at least 13 banks, including Canada’s six largest, to provide new low-cost and no-cost accounts.

U.S. AND EU ISSUE WRITTEN FRAMEWORK FOR THEIR TRADE DEAL, STILL A WORK IN PROGRESS

Investment Executive (2025-08-22)

U.S.

POWELL TO DELIVER FINAL JACKSON HOLE SPEECH UNDER WALL STREET, WHITE HOUSE WATCH

Investment Executive - Christopher Rugaber (2025-08-22)

“So the plot has thickened,” said David Wilcox, a former top Fed economist and now director of economic research at Bloomberg Economics and a senior fellow at the Peterson Institute.

CHINA IS EXPANDING INTO DIGITAL CURRENCIES, HOPING TO PROMOTE USE OF ITS ‘PEOPLE’S MONEY’

Investment Executive - ELAINE KURTENBACH (2025-08-22)

Stablecoins differ from central bank digital currencies, which are official digital versions of government-issued money.

VERSABANK TO HOST THIRD QUARTER FISCAL 2025 FINANCIAL RESULTS CONFERENCE CALL/WEBCAST

VersaBank (2025-08-22)

Versabank will report its third quarter 2025 financial results and host a conference call to discuss those results on Thursday, September 4, 2025.

SCOTIABANK SAYS TECHNICAL GLITCH THAT DISRUPTED DIRECT DEPOSIT, CHEQUE PAYMENTS HAS BEEN RESOLVED

G&M (2026-01-28)

“We are deeply sorry for the inconvenience the earlier technical issue has had on our clients, and sincerely appreciate their patience as we worked through this,” Ms.

GREATER TORONTO HOME PRICES SLIP AS LISTINGS OUTPACE SALES: BOARD

Yahoo Finance (2025-09-05)

The Toronto Regional Real Estate Board said the average sale price was down 5.2

RENTERS NEED TO MAKE OVER $78,000 TO HAVE AFFORDABLE RENT IN VANCOUVER, TORONTO: CCPA

Yahoo Finance (2025-09-05)

The threshold, which works out to a little over $37 an hour, is what it would take to keep housing costs within 30 per cent of pre-tax income and is far beyond what many renters make, said the report by the Canadian Centre for Policy Alternatives.

GOLD BLASTING TO RECORD HIGHS

BNN - Sean Boyd (2025-09-05)

Sean Boyd, Chairman at Agnico Eagle, joins BNN Bloomberg to provide a pulse check on Canada's gold sector.