Federal efforts to bring "open banking" to Canadaare being welcomed by players in the industry but there's also criticism that, after years of waiting, any changes may not come fast enough to encourage innovation or allowsmaller financial players compete with larger institutions.

Federal budget references to mortgage products aimed at Canadian Muslims have members of the community celebrating, along with the mortgage providers that look to serve them, despite a lack of detail from the government on what is to come.

Canada's inflation rate went up slightly in March compared to February, with Statistics Canada pointing outgasoline prices arepartly behind the increase, along with shelter costs such as mortgage interest rates and rent.

After initially refusing, RBC is now one of several major financial institutions that will begin disclosing more information about climate-related investments under an agreement with pension funds led by the New York City comptroller.

A Canadian company that manufactures children's toy couches finds itself facing a high bill for import tariffs after bringing production home to this country even though it's no longer importing a majority of its product, after a single component of the couches was reclassified by the Canada Border Services Agency.

Companies and anti-fraud professionals are warning consumers to watch for fake listingson search engines that redirect people to fraudulent versions of familiar companies and brands.