Author: Robert Jessi

Today, as the company’s CEO and co-founder, Akhvledziani is focused on helping Canadians get more value from their everyday spending. In this edition of My MoneySense, she shares the financial lessons that have stuck with her—from why everyone should negotiate more often to the benefits of automating your finances and using debt strategically. Who are your financial heroes? I’m incredibly motivated by people who solve problems in very legacy, traditional industries but whose work reaches millions of people. David Vélez at Nubank is a great example. He went after one of the most traditional, entrenched parts of financial services in…

CFM International wins approval for jet engine durability boost

Canada’s financial services sector, long characterised by stability and concentration among a handful of large banks, is undergoing a decisive digital transformation. Over the past 18 months, a confluence of regulatory reform, infrastructure modernisation and fintech innovation has begun to reshape how money moves, how data is shared and how consumers interact with financial institutions. The result is not merely incremental change, but the foundations of a more open, competitive and technology-driven system. The most significant shift has been the long-awaited arrival of consumer-driven banking, more commonly known as open banking. After years of consultation, the federal government confirmed in…

trades 1.1445, holding the 1.14 handle it has defended for six weeks and going nowhere in the process. The pair closed July 13 at 1.13812, July 14 at 1.1421, and has spent every session since chopping inside a 63-pip box. The Dollar Index sits at 100.75 after touching 100.79 overnight. futures are down 1.91%. S&P 500 futures are off 0.96%. Japan’s fell 4%. September is $85.01 and August is $79.74, both up more than 11% on the week. That is a full-scale global risk-off session with a war escalating inside the Strait of Hormuz, and EUR/USD has moved 24 pips.…

This week’s clearest signal is a widening gap between futures positioning and spot performance. GBP short covering remains price-confirmed, while CAD and WTI extended bearish positioning even as prices rose. Crowded exposure is beginning to lose control of price, increasing reversal risk without yet establishing new bullish regimes.GBP: Covering gains credibilityThe British Pound delivered the week’s strongest positioning move as speculators covered 16.6K contracts, a 75th-percentile weekly shock. This was the third consecutive covering week, and GBP/USD posted a decent advance, confirming the direction of the flow. Positioning remains short by around 71.2K contracts, or nearly 27% of open interest,…

The CAD/JPY currency pair has recovered from an 18-week low of 112.96 on July 4th, achieving a four-day winning streak and surpassing 115.70. Typically, global markets see investors move away from …

The Canadian Dollar (CAD) has entered a consolidation phase against the US Dollar (USD) following a volatile week. While a soft US inflation report initially put the Greenback on the back foot, the Bank of Canada’s (BoC) decision to keep its interest rate at 2.25% for a sixth consecutive meeting has somewhat tamed the initial downward move in the USD/CAD pair. Institutional analysts are closely examining the Canadian central bank’s updated forecasts and shift in guidance to map out the next directional leg for USD/CAD.USD/CAD daily chart. Source: FXStreet.Cooling growth and excess supply challenge aggressive hike pricingBBH emphasizes that Canada’s cooling…

For most of my life I assumed it was a lesson about hard work. Wake up early, start before everyone else, stay disciplined, and success will eventually follow. Lately, though, I have begun to wonder whether I misunderstood it entirely. Maybe it was never about waking up early at all. Maybe it was about being willing to act before you knew exactly how things would turn out. That thought crossed my mind recently while talking with a younger colleague about investing, when Bitcoin came up. Like millions of people, I have a Bitcoin story. Around 2013, I had recently started…

Investing.com — ChangXin Memory Technologies, China’s largest DRAM chipmaker, expects to raise at least 57.9 billion yuan ($8.6 billion) through a Shanghai listing this month, potentially making it Asia’s largest initial public offering of 2026, Reuters reported. The offering on Shanghai’s technology-focused STAR Market could increase to 66.6 billion yuan if an overallotment option is exercised. CXMT produces dynamic random-access memory chips, which provide short-term memory for smartphones, personal computers, servers, and artificial intelligence systems. The company was the world’s fourth-largest DRAM producer in 2025, holding about 7.7% of the global market. Samsung Electronics (), SK Hynix (), and Micron…

Jennifer Tozser, senior wealth advisor and portfolio manager at National Bank Financial Wealth Management, joins BNN Bloomberg to discuss the markets. The Bank of Canada is unlikely to raise interest rates this week, even as the war in Iran continues to put pressure on energy prices and inflation, explains a financial analyst. Gas prices are already acting like a rate hike for Canadians, Jennifer Tozser, senior wealth advisor and portfolio manager at National Bank Financial Wealth Management told BNN Bloomberg. Weaker-than-expected job growth and uncertainty surrounding CUSMA and the housing market are key factors affecting Canada’s economic health, which Tozser…