Crypto industry pushing Canada to follow U.S. lead in embracing stablecoins
“We need to drive a sense of urgency in our government to take crypto seriously": Coinbase Global
- By: Ian Bickis, The Canadian Press
- June 30, 2025 June 30, 2025
- 14:32
“We need to drive a sense of urgency in our government to take crypto seriously": Coinbase Global
The 3% tax would have applied to revenue from Canadian users of large technology companies
An active investment approach is warranted, given ongoing headwinds
Ottawa announced late Sunday that it was dropping the tax after a call between the PM and U.S. President
Bill C-5 cuts restrictions on interprovincial trade but it does not eliminate all internal trade barriers
"We'll continue to conduct these complex negotiations in the best interests of Canadians": Carney
The tax will hit technology companies with a 3% levy on revenue from Canadian users
Core prices climbed 0.2% in May, more than economists expected
Statistics Canada expects a repeat in May
Regulator cites strength of Canada’s largest banks despite ongoing economic uncertainty
RBC was ranked highest in customer satisfaction for fifth year in a row
EU and U.S. risk undercutting their positions with China without a united front, analysts say
Employers are holding on to workers in "no hire, no fire" job market
Second-quarter growth is expected to rebound to 3%
Majority say the next year will be more volatile than 2007–2010 period
“There will be some inflation from tariffs coming," Powell said
In the uncertain landscape, more family offices are allocating to alternative assets
Chief economist says economy will "be considerably slower" however
Production expected to reach 3.5 million barrels a day this year
Clients say they want "peace of mind," even as young investors go DIY
Most insurance lines impacted, along with insurers' investment portfolios
Decline wipes out gains from previous month, as tariff concerns, economic uncertainty weigh on sentiment