Unlocking the Invisible Prime Borrower

While the major exchanges are still some time away from going live with extended sessions, Canadian retail investors can already trade US equities through the night. Wealthsimple was first. In May 2025, the Toronto-based platform which holds approximately $125 billion in assets under administration became the first financial institution in Canada to offer 24/5 trading…

Mayor Zohran Mamdani’s pied-à-terre tax already has homeowners, lawyers and realtors pleading for greater clarity and transparency. The Department of Finance held a public comment hearing Thursday, and many parties shared their thoughts and concerns — here are just a few.  The new surcharge on second homes amounts to a “confiscatory and half-baked money grab,”…

FINRA-registered brokerages’ gangbusters 2025 pushed up the industry’s pretax profits by more than one-third last year. Processing Content While the figures exclude wealth management firms without brokerage arms and include some companies that are broker-dealers but not wealth management firms, FINRA’s “2026 Industry Snapshot,” released last month, revealed important statistics for financial advisors. The six…

RBC’s report points to a buyer pool that remains hesitant. Weak economic confidence, uncertain job prospects, and affordability concerns are keeping prospective buyers on the sidelines. Inventory has shown signs of stabilizing in Ontario and British Columbia, where active listings hit decade-long highs in 2025. “Seller competition is beginning to ease as a result in…

Boerse Stuttgart Digital has taken a significant step in expanding its regulated digital asset offerings by integrating a euro-denominated stablecoin issued by a European banking group. The platform, recognized as a key infrastructure provider for institutional crypto services across Europe, has onboarded EUR CoinVertible from Societe Generale-FORGE into its trading and custody systems. This marks…

“We have thousands of open disaster projects dating back to Hurricane Katrina, ballooning disaster costs, a bureaucracy that feels like you need a Ph.D. to navigate, and little common sense,” said House Transportation and Infrastructure Committee Chair Sam Graves, R-Mo. Bloomberg News While the Department of Homeland Security wrestles with many issues and criticisms, pressure is…