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
Gross hires decline to lowest level since the pandemic
Americans see higher inflation ahead, are less optimistic about stock prices
Research indicates that strong wage growth is keeping inflation elevated
Regulator concludes case against man serving 14 years for fraud
Regulator releases first enforcement annual report
SEC alleged firm failed to disclose conflicts in mutual fund revenue sharing
Alberta's public pension manager's AUM rose to $195B
Clamp-down on scams may impose new obligations on financial institutions, among others
Separate legislation give Canadians, lawmakers opportunity to scrutinize separate issues
Plus, EQB gains talent, Fiera CEO on medical leave, and a leadership transition at Hazelview
Deputy governor posts to filled via an internal recruitment process
Interim PBO Jason Jacques' term expired at start of March
Plus, a new ETF from Vanguard, TD issues a green bond and multiple fund changes announced
Regulator addresses questions from market participants after Wealthsimple gets approval to launch event contracts
It's the second firm in Canada to receive approval to offer futures and forecast contracts