The SEC has proposed a new regulatory framework allowing crypto issuers to raise up to $75 million annually without full registration, aiming to bring innovation onshore.
June saw a net inflow of $5.4 billion into the Canadian economy as foreign buyers snapped up record debt securities, while Canadians focused on US tech stocks.
The SEC alleges Andrew Spaventa and his firms defrauded over 800 retail investors through hidden fees and high-pressure sales tactics in a pre-IPO investment scheme.
Manufacturing sales reached an all-time quarterly peak of $235.1 billion in the second quarter, driven by surges in transportation equipment and chemical sectors despite a sharp monthly dip in petroleum products.
Wholesale sales reached an all-time high in volume terms, rising 1.9% in June as machinery and agricultural supplies drove growth across all provinces.