OTTAWA—The Bank of Canada’s No. 2 official endorsed a competition shakeup in the highly concentrated financial-services industry, saying the country’s banking sector is an oligopoly and changes could ...

Canada has long had a near-real-time P2P payments system, Interac e-Transfer, but the email- and cellphone-based network has low transaction limits and funds don’t necessarily move instantly between ...

Forbes contributors publish independent expert analyses and insights. #1 stock picker for 51 straight months on SumZero. AI is my edge. I first made Royal Bank of Canada (RY) a Long Idea in April 2018 ...

TORONTO: 24 Oct. 2024 — Squeezed by high interest rates on credit and business loans, coupled with increased costs of materials and labour, satisfaction among small businesses in Canada with their ...

TORONTO: 5 June 2025 — It’s getting harder to tell the nation’s banks and credit card company mobile apps and websites apart from one another. According to a series of recent studies of bank and ...

Forbes contributors publish independent expert analyses and insights. Writes about the future of payments. This voice experience is generated by AI. Learn more. This voice experience is generated by ...

Sadly, Canada has seen a significant slowdown in its blockchain sector due to several factors, including regulatory concerns ...

Crypto companies in Canada have found an unlikely ally — a bank owned by the Alberta government. ATB Financial, a provincial crown corporation, has become one of the most reliable banking partners for ...

OTTAWA--The Bank of Canada's No. 2 official endorsed a competition shakeup in the highly concentrated financial-services industry, saying the country's banking sector is an "oligopoly" and changes ...