TD Bank has announced a five-year, $108 billion (150 billion Canadian dollars) commitment to Canada’s “investment supercycle.” The project is designed to prompt new lending, underwriting and other financial activities while promoting investment and critical sectors, the Toronto-based TD announced Monday Sept. 14. “Canada is entering a defining...
Canadian banks are not being harmed by the effects of new U.S. tariffs that impact some of their customers, and the banks may even find new opportunities, Reuters reported Tuesday (Aug. 25). Bank of Montreal (BMO) and Bank of Nova Scotia (Scotiabank) reported earnings Tuesday...
Cross-border payments app Remitly Business is now generally available to small and medium-sized businesses in Canada. This expansion follows the offering’s launch in the United States in the second quarter of 2025 and its later expansion to the United Kingdom and Canada with limited availability,...
Visa’s global stablecoin strategy has expanded to Canada for the first time through a collaboration of Visa Canada and financial company Wealthsimple. The companies are collaborating on a stablecoin settlement pilot program in Canada, joining Visa’s global pilot program that is now processing billions in...
June 25, 2025
Watch more: Bank of America Equips Canadian Businesses for Real-Time Treasury Canada’s payments landscape is being recast at high speed, and the once-predictable routines of corporate treasurers are being pushed into the digital fast lane. The change is as much cultural as technological for the practitioners who sit at the center of cash management. “I […]
April 10, 2025
Hate to say you read it here first, but here’s a prescient quote left on the cutting room floor from PYMNTS CEO Karen Webster’s interview with QED Investors partner Amias...
December 20, 2022
Checks remain a key B2B payment method in Canada, but commercial cards are changing that. A driving force behind this is the partnership of New York-based Boost Payment Solutions and...
June 25, 2021
“Consumers want flexibility in terms of how they want to pay,” Visa Canada Vice President and Head of Product and Digital Brian Weiner told Karen Webster. “They don’t want to...
October 26, 2026
Canada began a 60-day consultation period on draft stablecoin regulations, CoinDesk reported Monday (Oct. 26). The regulations uphold a ban on yield payments and require nonbank issuers to keep their reserves with Canadian financial institutions, the report said. The consultation, which ends Dec. 23, is happening as Canadian banks lobby for a prohibition on yield […]
September 14, 2026
TD Bank has announced a five-year, $108 billion (150 billion Canadian dollars) commitment to Canada’s “investment supercycle.” The project is designed to prompt new lending, underwriting and other financial activities while...
August 25, 2026
Canadian banks are not being harmed by the effects of new U.S. tariffs that impact some of their customers, and the banks may even find new opportunities, Reuters reported Tuesday...
May 12, 2026
Cross-border payments app Remitly Business is now generally available to small and medium-sized businesses in Canada. This expansion follows the offering’s launch in the United States in the second quarter...
