Capital Currents: Finance, Tech & The New Economy

A major merger in Western Canada's multi-family sector signals a wave of consolidation amid a softening rental market. Starlight's ambitious move aims for scale, but affordability concerns loom.

Partnership streamlines workflows for Canadian wealth firms, highlighting a broader industry trend towards interoperability and open architecture in financial technology. Experts predict further consolidation and integration in the space.

Starlight Investments' 'The Lively' delivers new rental units in a tight market, prioritizing senior housing and showcasing successful infill development in North Vancouver. The project reflects a broader trend in Canada’s rental landscape.

Wealth management platform AssetMark is partnering with Apollo, Carlyle, KKR & StepStone to expand access to private market investments, catering to growing advisor demand and a shrinking public market.

VOC Partners launches a self-storage investment platform backed by a regional operator, betting on data-driven strategies and localized market understanding to navigate the evolving industry.

A new tech-enabled self-storage model launches in London, challenging traditional facilities and signaling a strategic investment in urban logistics.

Cannabis hardware maker TILT Holdings has filed for creditor protection, leaving shareholders poised to lose their investments as the company restructures amid industry headwinds and declining revenue.

The Alberta Securities Commission has broadened its interim order against GIC Capital Corp. and related individuals, alleging a multi-million dollar fraud and attempts to circumvent regulatory oversight. Investors are urged to come forward.

Canadian cannabis firm MediPharm Labs secures dismissal of a defamation lawsuit brought by a dissident shareholder group, revealing a contentious proxy battle and questions around business practices.

After 23 years, a Québec court holds an Industrial Alliance subsidiary liable for a 2002 fund collapse, potentially sparking a $98M payout and setting a critical precedent for financial service providers.

A dispute over a decision made by the Canadian Securities Exchange is now before the Capital Markets Tribunal. The case raises questions about investor protection and could reshape exchange governance.

A Calgary investment firm executive is at the center of a CIRO investigation involving alleged supervisory failures, due diligence lapses, and a possible breach of insider trading rules. Details inside.

Canada’s financial regulator is probing a former BMO investment advisor over claims of unauthorized trading and failing to cooperate with investigators. The case raises questions about supervisory controls at the bank.

The Ontario Securities Commission has issued warnings about six firms operating without registration, including one under investigation for alleged fraud and co-mingling of client funds. Investors urged to verify credentials.

Ontario regulators have issued an order against Adam Arquette and his firm, alleging unregistered trading, fraud, and the mismanagement of over $100M in investor funds. A deeper look at the case and its implications.

A regulatory hearing involving Michael & Jessica Kemp exposes potential flaws in oversight of referral arrangements and the growing scrutiny of advisors directing clients to exempt market investments.

Ontario’s home building regulator has refused to renew the license of The Landing Development Group, a case that highlights the growing risks for homebuyers and the HCRA’s crackdown on financial mismanagement.

A disciplinary hearing set for February will examine allegations of misappropriated funds and undisclosed conflicts of interest against Lou Soco, highlighting the critical role of regulatory oversight in protecting investors.

A dispute between the Securities and Investment Management Association and CIRO is raising concerns about the rising cost of regulatory compliance and its potential impact on investors.

Fintech firm Emerge Canada faces hefty fines and trading bans after the OSC uncovered a widespread scheme to mislead investors. The fallout highlights growing regulatory scrutiny of the digital asset space.