Public policy Shakepay's Qualified Investment Submission to the Department of Finance Canada Our submission addresses Questions 4 and 5 of Finance Canada’s consultation on Qualified Investments for Tax-Advantaged Savings Plans. The questions examine the inclusion of new asset classes and the appropriateness of crypto-backed assets as qualified investments. Shakepay believes that digital innovation is essential as the financial industry evolves, and
Public policy Consumer-driven banking: a massive change for banking in Canada 🏦 As you may have heard, the Government of Canada’s 2023 Fall Economic Statement unveiled plans to pass legislation around consumer-driven banking and implement the necessary framework by 2025. But what does “consumer-driven banking” mean, and how would these changes impact you and the future of banking in Canada? Let’
Public policy Featured Bitcoin-spot ETFs: a game-changer for Bitcoin 👏 As you may have already heard, some major news dropped this week as the U.S. Securities and Exchange Commission officially approved Bitcoin-spot ETFs (Exchange-Traded Funds). This is a landmark event, as regulatory approval for this type of financial product has been sought in the U.S. for over a
