Canada

OSC Investor Warnings: FINAD-AI, Prime Wealth, dexfinexpro

The Ontario Securities Commission (OSC) has issued a warning to investors regarding three unregistered companies: FINAD-AI, Prime Wealth, and dexfinexpro. These entities are not registered to deal or advise in securities in Ontario, posing a potential risk to investors.

Bank of Canada Remarks on Financial Stability and Risks

Bank of Canada Governor Tiff Macklem delivered remarks on financial stability, highlighting new players and old risks in a changing landscape. The speech, delivered on March 4, 2026, discussed systemic vulnerabilities and the growth of private credit.

Bank of Canada Orders XTM Inc. to Cease Retail Payment Activities

The Bank of Canada has issued an immediate compliance order to XTM Inc. and its affiliates, prohibiting them from conducting retail payment activities or processing transactions from the AnyDay platform. This action was taken due to serious concerns about XTM's safeguarding of client funds.

Bank of Canada, EDC, RBC, TD Complete Tokenized Bond Issuance Experiment

The Bank of Canada, Export Development Canada, RBC, and TD have successfully completed an experiment evaluating tokenization and distributed ledger technology (DLT) for bond issuance. The project, named 'Project Samara,' involved issuing a $100 million tokenized bond settled with central bank deposits, demonstrating potential efficiency gains and identifying operational complexities.

Canada's Monetary Policy Framework in a World of Supply-Driven Trade-offs

The Bank of Canada is discussing its monetary policy framework ahead of its upcoming renewal. Remarks by Sharon Kozicki highlight the success of the 2% inflation target and the increasing importance of supply-side developments in a changing global economy.

Bank of Canada Issues Revised Compliance Order to XTM Inc.

The Bank of Canada has issued a revised temporary compliance order to XTM Inc. This order authorizes XTM to resume retail payment activities under the supervision of a court-appointed Monitor, subject to specific terms and conditions.

International Operation Disrupts Crypto Fraud and Aids Victims

An international law enforcement operation, Operation Atlantic, has been launched by agencies in the US, UK, and Canada to disrupt crypto fraud, specifically 'approval phishing' scams. The operation aims to identify and assist victims, recover stolen funds, and raise public awareness about cryptocurrency investment scams.

Nakusp Community Radio Society - Licence Revocation

The CRTC has revoked the broadcasting licence for CJHQ-FM Nakusp, British Columbia, at the request of the Nakusp Community Radio Society. The revocation is effective March 16, 2026.

CRTC Approves Technical Amendments for CITM-FM Ottawa

The CRTC has approved technical amendments for Torres Media Ottawa Inc.'s radio station CITM-FM Ottawa. The changes include increasing power and relocating the transmitter antenna to share a tower with another station, aimed at improving operational efficiency and reducing costs. The amendments are effective upon notification from the Department of Industry and must be implemented by March 16, 2028.

CRTC Approves Technical Amendments for CITM-FM Ottawa

The CRTC has approved Torres Media Ottawa Inc.'s application to amend the technical parameters of its radio station CITM-FM Ottawa. The amendments include changes to transmitter class, effective radiated power, antenna height, and transmitter location, aimed at improving operational efficiency and reducing costs. The licensee must implement these changes by March 16, 2028.