Questrade secures approval to launch Canada’s newest bank
Questbank will join other fintechs pushing into banking space
- By: Ian Bickis, The Canadian Press
- November 3, 2025 November 3, 2025
- 11:55
Questbank will join other fintechs pushing into banking space
It’s the firm’s second acquisition in a matter of months
Minority Liberals will need support from another party for budget to pass
Coherent framework for issuing Canadian-dollar pegged stablecoins could keep money in the country
Plus, a slew of other product launches, changes
Job market, social fabric facing further stress from shuttered U.S. government
Prescribed rate to remain at 3% for third consecutive quarter
RRSP dollar limit also announced
Plus, CI Assante and Harbourfront score advisory teams
Foreign investment flows dropped in Q2 after rise in Q1
Review highlights importance of managing integration, debt structures
Recent data boosts 2025 outlooks, longer-term expectations unchanged
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
High-profile firms and their clients were targeted in 2025
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record