AIFinTech

The AI Boom in Canadian Finance Hits a Wall: Trust and Red Tape

By David Rosenberg, Head of Machine Learning Strategy, Bloomberg’s Office of the CTO Artificial intelligence isn’t just a buzzword in Canada’s financial sector — it’s quickly becoming the norm. According to a recent KPMG report, a remarkable 82% of Canadian investment firms are already tapping into AI, outpacing many of …

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Industry TrendsReal Estate

Population growth, policy levers drive price appreciation, housing values reporting triple-digit gains over a 30-year period

TORONTO–Strong equity gains over the past 30 years have left few regretting the leap to home ownership, but obstacles are dimming the dream for future generations, as home-ownership rates decline nationally and in major markets, according to a report released today by REMAX Canada. In its analysis of data and …

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AIInsuranceTechnology

OpenText Unveils New Solutions for Guidewire to Power AI, Cloud-Ready Insurance Workflows

WATERLOO, ON–OpenText, a global leader in secure information management for AI, at Guidewire Connections unveiled its new OpenText Content Cloud solutions for Guidewire, designed to help insurers move to the cloud faster and gain smarter, more efficient access to critical policy and claims content. The volume of content insurers manage, …

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Financial AdvisoryIndustry Trends

Beyond Wealth: Why Canadians Are Rethinking What They Leave Behind

New Edward Jones research reveals the legacy Canadians want and the barriers they face TORONTO, ON–Canadians are redefining what it means to leave a legacy. It’s no longer just about wealth, it’s about meaning. While 59 per cent still prioritize providing loved ones with financial security, new polling from Edward …

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FinTech

Empire Life Launches Group Retirement Savings

Innovative digital platform designed specifically for small and medium-sized businesses KINGSTON, ON–The Empire Life Insurance Company (Empire Life) revealed the national launch of its Group Retirement Savings (GRS) platform. Deployed over the past year to selected customers, GRS is now available across Canada. All-digital platform and outstanding service deliver ease …

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ComplianceRegulatory Issues

CSA clarifies requirements for delivering proxy-related materials during Canada Post labour dispute

VANCOUVER, BC, –The Canadian Securities Administrators (CSA) is clarifying requirements for delivering proxy-related materials for shareholder meetings during the ongoing labour dispute between Canada Post and the Canadian Union of Postal Workers (CUPW) since CUPW has since moved from a full, nationwide postal strike to rotating strikes. On October 9, …

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Corporate PartnershipsWealth Management

Bakish Wealth Partners with Heritage MD to Bring Wealth Offering to Healthcare Professionals Across Canada

MONTREAL, QC and TORONTO, ON–Bakish Wealth, with its 20-year history of serving healthcare professionals across Canada with disciplined investment and financial plans, and Heritage MD, a specialized advisory firm co-created with physician leadership of the McGill University Health Centre (MUHC) and aligned with the MUHC Foundation, are pleased to announce …

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Business BankingEntrepreneursIndustry Trends

Canada’s Future Economic Engine: TD Survey Finds 3 in 4 Gen Zs Want to Run Their Own Business

Gen Z is leading in hustle but lagging in asking for help: 77% of respondents would feel more confident starting or growing a business with a trusted small business advisor or mentor TORONTO, ON–A big wave of Canadian entrepreneurs is potentially on the horizon. A new TD Survey reveals that …

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Award WinnersFinancial Advisory

FP Canada Honours Seven Award Recipients for Contributions to the Financial Planning Profession

TORONTO, ON–FP Canada announced the 2025 recipients of four prestigious awards and distinctions. Debbie Ammeter (a former CFP® professional and current FP Retired™ status holder) and Carolyn Fallis, CFP, have been honoured with the Donald J. Johnston Lifetime Achievement Award, and Julie Seberras with FP Canada™ Fellow Distinction. Martin Dupras, …

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Consumer BankingEducationPartnerships

Junior Achievement Canada, BMO Launch National Partnership to Prepare Youth Through Financial Literacy

With a shared commitment to financial empowerment, Junior Achievement of Canada and BMO announce a five-year national partnership to equip 230,000 Canadian young people with financial literacy skills TORONTO, ON–Junior Achievement of Canada (JA Canada) is proud to announce a five-year national partnership with BMO, uniting two organizations committed to …

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