From: Peter MacKenzie and Mark Zelmer To: Stablecoin watchers Date: February 25, 2026 Re: The Window is Closing for Canada’s Stablecoin Opportunity The New York Stock Exchange announcement of a new blockchain-based platform brings us one step closer to a world in which finance operates around the clock, settles instantly, and runs on programmable digital money. Blockchain […]
February 19, 2026 – Regulation in the form of capital treatment is a critical factor in determining the flow of credit to Canada’s businesses, according to a new report from the C.D. Howe Institute. Made up of seven experts in the field, the Institute’s Task Force on OSFI Prudential Requirements and Business Lending finds that […]
On February 9, 2026, the C.D. Howe Institute’s Task Force on Office of the Superintendent of Financial Institutions (OSFI) Prudential Requirements and Business Lending held its inaugural meeting. The Institute established this short-term task force in response to a number of OSFI statements issued in the fall of 2025. The theme of the statements centred […]
Published in Financial Post. Last month, the New York Stock Exchange announced it’s building a blockchain-based platform to enable 24/7 trading of tokenized stocks and ETFs (exchange-traded funds). Tokenization converts traditional financial assets into digital tokens on a blockchain, allowing them to be traded and settled using stablecoins and tokenized bank deposits rather than through conventional payment systems. NASDAQ is pursuing similar plans. A […]
From: Ed Devlin and Dane RowlandsTo: Trade war observersRe: Analyzing that Davos Speech Through a Financial Market Manager’s Lens Mark Carney’s China deal that sees tariff reductions on Canadian canola products, lobster, peas and crabs in exchange for allowing 49,000 electric vehicles to enter Canada, signaled a clear plan to diversify trade away from the United […]
From: Stephen BeattyTo: Trade war observersRe: Back to the Future: China Quota Edition (II) Mark Carney’s rapprochement with China that would see an initial influx of 49,000 Chinese electric vehicles has prompted an uproar from Canada’s auto sector, as we outlined in Part One. All that turmoil might have been avoided if Canada had just […]
From: Stephen BeattyTo: Trade war observersRe: Back to the Future: China Quota Edition Here we go again. It was another week which started off with some progress on the trade front, but that ended in threats from the White House. It’s the end of January and Groundhog Day is fast upon us. During Prime Minister […]
From: Bernard Morency and Pierre-Carl MichaudTo: Canada’s AI overseers Re: Canadians Need a New Personal Finance Flight Plan. Is AI the Co-Pilot We Need? When a viral social media post claimed that OpenAI was restricting its services from offering licensed advice, the internet erupted. The truth was far less dramatic – but the debate raised a deeper question: As AI […]
The rise of US dollar-linked stablecoins – digital tokens designed to maintain a constant one-for-one value with the US dollar – following the 2025 GENIUS Act poses potential risks to Canada’s monetary sovereignty and payment-system oversight. Without a clear domestic framework, Canadian payments could increasingly migrate to foreign-issued stablecoins and exchange platforms, weakening regulatory control and […]
From: Peter MacKenzie and Mark Zelmer To: Stablecoin watchers Date: January 19, 2026 Re: The Stablecoin Regulatory Challenge Stablecoins are often framed as a niche innovation, something for crypto enthusiasts or a problem best left to market forces. That framing is increasingly outdated. As stablecoins move closer to the financial mainstream, they raise fundamental questions […]
From: Gary EdwardsTo: Financial Advice ObserversDate: January 14, 2026Re: Bringing Order to the Finfluencer Ecosystem Canada’s financial regulatory system is built for a world that no longer exists. It assumes that financial advice is delivered by licensed professionals, through regulated firms, in clearly defined settings. But for millions of Canadians – especially younger ones and […]
From: Jeremy M. Kronick and Mark ZelmerTo: Canada’s ministries and departments of financeDate: January 12, 2026Re: Financial Services Regulation Needs More Than Incremental Tinkering A country’s financial sector plays a crucial role in driving economic growth – Canada’s included. Canadian financial institutions and markets have had a long and successful track record in transforming savings into […]
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From: Peter MacKenzie and Mark Zelmer To: Stablecoin watchers Date: February 25, 2026 Re: The Window is Closing for Canada’s Stablecoin Opportunity The New York Stock Exchange announcement of a new blockchain-based platform brings us one step closer to a world in which finance operates around the clock, settles instantly, and runs on programmable digital money. Blockchain […] 
February 19, 2026 – Regulation in the form of capital treatment is a critical factor in determining the flow of credit to Canada’s businesses, according to a new report from the C.D. Howe Institute. Made up of seven experts in the field, the Institute’s Task Force on OSFI Prudential Requirements and Business Lending finds that […] 
Published in Financial Post. Last month, the New York Stock Exchange announced it’s building a blockchain-based platform to enable 24/7 trading of tokenized stocks and ETFs (exchange-traded funds). Tokenization converts traditional financial assets into digital tokens on a blockchain, allowing them to be traded and settled using stablecoins and tokenized bank deposits rather than through conventional payment systems. NASDAQ is pursuing similar plans. A […] 
From: Ed Devlin and Dane RowlandsTo: Trade war observersRe: Analyzing that Davos Speech Through a Financial Market Manager’s Lens Mark Carney’s China deal that sees tariff reductions on Canadian canola products, lobster, peas and crabs in exchange for allowing 49,000 electric vehicles to enter Canada, signaled a clear plan to diversify trade away from the United […] 
From: Stephen BeattyTo: Trade war observersRe: Back to the Future: China Quota Edition (II) Mark Carney’s rapprochement with China that would see an initial influx of 49,000 Chinese electric vehicles has prompted an uproar from Canada’s auto sector, as we outlined in Part One. All that turmoil might have been avoided if Canada had just […] 
From: Bernard Morency and Pierre-Carl MichaudTo: Canada’s AI overseers Re: Canadians Need a New Personal Finance Flight Plan. Is AI the Co-Pilot We Need? When a viral social media post claimed that OpenAI was restricting its services from offering licensed advice, the internet erupted. The truth was far less dramatic – but the debate raised a deeper question: As AI […] 
The rise of US dollar-linked stablecoins – digital tokens designed to maintain a constant one-for-one value with the US dollar – following the 2025 GENIUS Act poses potential risks to Canada’s monetary sovereignty and payment-system oversight. Without a clear domestic framework, Canadian payments could increasingly migrate to foreign-issued stablecoins and exchange platforms, weakening regulatory control and […] 
From: Peter MacKenzie and Mark Zelmer To: Stablecoin watchers Date: January 19, 2026 Re: The Stablecoin Regulatory Challenge Stablecoins are often framed as a niche innovation, something for crypto enthusiasts or a problem best left to market forces. That framing is increasingly outdated. As stablecoins move closer to the financial mainstream, they raise fundamental questions […] 
From: Gary EdwardsTo: Financial Advice ObserversDate: January 14, 2026Re: Bringing Order to the Finfluencer Ecosystem Canada’s financial regulatory system is built for a world that no longer exists. It assumes that financial advice is delivered by licensed professionals, through regulated firms, in clearly defined settings. But for millions of Canadians – especially younger ones and […] 
From: Jeremy M. Kronick and Mark ZelmerTo: Canada’s ministries and departments of financeDate: January 12, 2026Re: Financial Services Regulation Needs More Than Incremental Tinkering A country’s financial sector plays a crucial role in driving economic growth – Canada’s included. Canadian financial institutions and markets have had a long and successful track record in transforming savings into […]