Canada's music scene is facing some big changes in 2026. Let's dive in. First up, the Online Streaming Act is causing quite a stir. This law, updated in 2023, requires big streaming platforms to pay a portion of their Canadian earnings to support local content. Platforms like Spotify and Netflix ar
Canada has chosen a new ambassador to the United States. Mark Wiseman, a well-known figure in the world of finance, will take on this important role. He is set to start his new job in mid-February. Wiseman has a lot of experience. He has worked in Canada's pension funds and big U. S. financial compa
UnitedHealth Group has shared the first findings from an independent audit of its business practices. The company has promised to make changes in three key areas. They have 23 action plans in place. By the end of 2025, 65% of these plans will be done. The rest will be completed by March next year.
Canada's top financial watchdog has decided to keep the extra safety net for the country's six largest banks at the same level. This safety net, called the domestic stability buffer, is currently set at 3. 5%. The Office of the Superintendent of Financial Institutions (OSFI) believes these banks are
Canada's Environmental Damages Fund is celebrating 30 years of turning penalties into positive change. Recently, the government announced a $10. 6 million boost for 23 new projects focused on nature conservation and restoration. This fund, established in 1995, has been using money from environmental
Canada is finally moving towards a more secure banking system. The government has announced a new framework for open banking, set to launch in 2026. This system will replace the risky practice of sharing online banking passwords with third-party apps. Instead, users will be able to securely share th
States are stepping up their game in the world of consumer finance. For a long time, Washington, D. C. was the main hub for enforcing rules in this area. But now, state attorneys general, banking departments, and legislatures are taking on more responsibility. This shift is changing the regulatory l
Canada is taking a closer look at its rules for pilot rest times. The reason? Industry players say the current rules are too complicated and hard to follow. This isn't just a Canadian issue. Other countries, like India, are also struggling to balance safety and practicality. In India, the biggest a
UnitedHealth has made a significant move. They have agreed to sell their South American business to a private equity firm called Patria. This deal is worth a cool $1 billion. The final agreement was signed on Saturday, and the announcement is expected on Monday. Sources say this, but they want to st
Canada has been dealing with a big problem for a long time. People with less money often have worse health than those with more. This isn't just happening in one place. It's seen in cities, provinces, and all over the country. Everyone agrees that things like where you live, your job, and how much e
