Financial regulators say they’re looking into allegations of high-pressure sales practices in Canadian bank branches. The Ontario Securities Commission and the Canadian Investment Regulation Organization say the co-ordinated review will first focus on information gathering over the coming months into early 2025. The regulators say they aim to better understand the sales culture and environment […]

The federal privacy watchdog has opened an investigation into cyberattacks on the Canada Revenue Agency that led to more than 30,000 privacy breaches dating back to 2020.  In a news release, the office of privacy commissioner Philippe Dufresne says the federal revenue agency reported the breaches in May of this year. The commissioner’s office says […]

This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. The Bank of Canada is preparing for the possibility of the Canadian government requiring it to issue a digital version of the Canadian dollar. Although the […]

HALIFAX — A Cape Breton-based employment services organization mismanaged more than $1 million in government funds in what Nova Scotia’s auditor general says was a “perfect storm” of deliberate, systemic actions that benefited select managers and staff. Kim Adair’s audit of the Island Employment Association found numerous instances of “gross mismanagement of public funds,” including […]

Hong Kong’s government is betting that Canadian companies and other overseas businesses will put profits over politics as it tries to lure talent and industry back to the city that has been cracking down on dissent after quashing a pro-democracy protest movement. A Toronto-based official involved in the pitch that was advertised in Canadian newspapers […]

BUENOS AIRES, Argentina (AP) — The U.S. and Argentina agreed on Monday to have their tax agencies automatically share data about citizens’ banking and investments in each other’s countries. The government in Buenos Aires hopes this will lead to an estimated $100 billion that Argentines have tried to shelter in the United States. Financial data […]