Latest News on private equities market

Incubella | Nov 30, 2022 Every year, Canadian Web3 companies continue to attract private investment, mostly from post-seed funding as the brightest ideas charge towards Unicorn status. Of the total $4 Billion CAD invested to-date in Canadian Web3 companies, the largest single private investment was Dapper Labs’ $305M USD Series C. There are currently 5

Coindesk | Sam Kessler, Nelson Wang | Nov 29, 2022 Among the more unprecedented elements of the FTX saga has been the fact that Bankman-Fried, who was raised by two lawyers, can’t seem to keep his mouth shut despite mounting legal threats. Sam Bankman-Fried’s crypto empire blew up in spectacular fashion at the beginning of

Finance Magnates | Arnab Shome  | Nov 28, 2022 Coinsquare has become the latest victim of a security breach that has resulted in compromised users' personal details, the platform confirmed last weekend by sending an email to its customers. Data Breach: The exchange detailed that the breach exposed "customer names, email addresses, residential addresses, phone

If you’re expecting a tax refund in 2023, it may be smaller than this year’s payment, according to the IRS. Here's what to know for the upcoming tax season.

Remote work was a massive pandemic-era labor experiment borne of necessity. It will likely remain a fixture of the U.S. job market.

Canada Today | Naomi Oliver | Nov 25, 2022 When Deputy Prime Minister Chrystia Freeland called the chief executive officers of Canada’s Big Six banks on Sunday in February before their government invoked the Emergencies Act, the CEOs stressed that the resources at their disposal were to support that to choke off the money pouring

OSC | Nov 30, 2022 TORONTO — Today, Ontario’s Minister of Finance Peter Bethlenfalvy released the following statement on the appointment of a new Chair for the Ontario Securities Commission (OSC).  “I am pleased to announce that Kevan Cowan will be appointed the new Chair of the Ontario Securities Commission, pending review by the Standing

For retirees who need to take so-called RMDs from IRAs and 401(k) plans, it's important to be sure to follow the rules to avoid facing a 50% tax penalty.

IOSCO | Nov 2, 2022 The International Organization of Securities Commissions (IOSCO) has published a speech by Tuang Lee, Chair of IOSCO Fintech Task Force, on applying and adapting IOSCO principles to digital asset markets. Digital assets:  These refer to anything of value whose ownership is represented in a digital or computerised form, through a process called

Guest Post | Nov 30, 2022 It’s without a doubt how technological advancements are revolutionizing how industries operate today. For instance, in the financial industry, there’s notable growth in terms of computer processing capabilities. And among the innovations today is Robotic Process Automation (RPA). What Is Robotic Process Automation (RPA) Robotic process automation refers to

BankingDive | Gabrielle Saulsbery | Nov 28, 2022 Private firms are adopting a more defensive posture, delaying new funding rounds, planning for modest growth and addressing regulatory risks, according to a report. Regulatory challenges have doubled in importance to fintech leaders from 2021 to 2022, according to the results of a survey of 100 industry leaders released Monday.  Now, nearly

The Toronto Star | Ajay Agrawal, Joshua Gans, Avi Goldfarb | Nov 26, 2022 Five years ago, artificial intelligence (AI) experts would have guessed that the first AI “unicorn” startup (a venture valued at more than $1 billion) in Canada would be from Toronto, Montreal, or Edmonton. But the experts were wrong.  We thought the

If you're waiting for a tax refund, it may be accruing interest, and the rate jumps to 7% from 6% in January. Here's what filers need to know.

With prices near historic highs, more consumers are leaning on buy now, pay later to afford their holiday shopping.

Raiding retirement savings to pay for unexpected expenses is a big money mistake many Americans are prone to making, says personal finance expert Suze Orman.