Canada Financial News

18.11 / 00:27

business regulation Investments regulatory Fidelity clears regulatory hurdle to become Canada’s first institutional Bitcoin custodian

As reported by The Globe and Mail, Fidelity Clearing Canada received approval from the Investment Industry Regulatory Organization of Canada on Wednesday to launch a Bitcoin (BTC) trading and custody platform. It is designed for use by institutional investors — such as pension funds, portfolio managers and mutual funds — and would be a first-of-a-kind service in the country.

17.11 / 11:47

Floods Pacific Northwest storm: Vancouver cut off as severe floods hit US-Canada border region

Torrential rain, landslides and floods that have hit British Columbia in western Canada in recent days have left at least one dead and thousands evacuated, local officials said on Tuesday.

12.11 / 14:33

COST UPS Bitcoin After Texas, is Washington the next big destination for crypto mining

The Canada-based Bitcoin mining company Bitfarms is known for exploring mining sites all over the world. Now, the company has acquired a farm in the USA and plans to expand it even further.

12.11 / 00:34

business Blockchain Ethereum Bitcoin reserves Crypto miner Hut 8 surpassed 5K Bitcoin held in reserves

In its third-quarter earnings release, Canadian cryptocurrency miner Hut8 announced that it surpassed its goal set earlier this year of holding 5,000 Bitcoins (BTC) in reserves through mining. Its Bitcoin balance now amounts to 5,053, for a total market value of $430 million.

09.11 / 08:49

Ethereum ETF Environment Bitcoin Spot ETFs Carbon neutral crypto spot ETFs to launch in Canada

Two carbon neutral cryptocurrency-backed exchange-traded funds are poised to launch in Canada offering a greener alternative for institutional investors.

08.11 / 11:49

UPS BTC Digital Bitcoin Bank of Canada’s Governor hits out at ‘not a digital currency’ Bitcoin

Canada has been fairly proactive in its treatment of digital, virtual, and cryptocurrencies. Cryptocurrencies are not legal tender here. However, one can buy goods and services online or in stores. No wonder, one can see different Bitcoin ATMs across the country.

05.11 / 20:23

Merck Moderna Pfizer Expedia Stocks making the biggest moves midday: Shake Shack, Peloton, Canada Goose and more

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05.11 / 15:52

Action Pfizer Expedia Stocks making the biggest moves premarket: Pfizer, Canada Goose, Live Nation and more

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28.10 / 13:21

COVID-19 Pandemic Support U.K., Canada Lead West in Weaning Economies Off Covid-19 Pandemic Support

LONDON—The U.K. dialed back government stimulus for the fast growing British economy, one of the first big Western economies to step away from the emergency policies put in place to tackle the coronavirus pandemic as concerns over inflation intensify.

27.10 / 18:33

UPS Provident Bank of Canada Ends Quantitative Easing

OTTAWA -- The Bank of Canada took a major step in pulling back on the amount of stimulus it is providing to the economy on Wednesday by ending net new purchases through its quantitative easing program and moving up its forecast for when it could first raise the benchmark overnight interest rate from the current, ultralow level.

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